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162
Wendell Zurkowitz ((slave to the waffle light))7/21/2018 6:44:10 am PDT

re: #160 Big Beautiful Door

Maybe one of the most harmful myths created by the Right is that corporations exist solely to maximize shareholder value. No, corporations are creatures of statute, and as such their purpose should be to promote the general welfare of society as a whole. Which means they can and should have responsibilities other than short term profit for their shareholders.

because We the People allow them to exist in that form.

But that is too much nuance for the masses to grasp.

Instead, we have a system that encourages owners to milk corporations for all they can get and then flip them or let them run out of business.