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@castratikron is right: scale matters. The local government doesn't care if I have a small barbecue, but if I set my own house on fire, it's a problem for them.
by vannevar 11y ago
@castratikron is right: scale matters. The local government doesn't care if I have a small barbecue, but if I set my own house on fire, it's a problem for them. Ultimately an economy depends on money flowing around; it has no intrinsic value, its economic significance lies in the productive assets left behind in its passing: a factory, an app, a road.
Leaving aside the fact that the economy is booming for wealthy companies like Apple, how Apple 'feels' is irrelevant. You're anthropomorphizing. It's a corporation, it doesn't feel anything (like for example, shame or compassion, emotions which can govern human behavior even without explicit regulation). Corporations have to be operated in the public interest---that's their whole original premise, though it seems most people have forgotten it.
- sp332 11y agoWhat's something Apple could spend their money on that's not worse than leaving it in a bank?
- vannevar 11y agoThat's a good question, and the answer might very well be 'nothing'. But we shouldn't be afraid to ask the question. Apple owes a duty to operate in the public interest, above and beyond its immediate obligation to its shareholders.