This isn't surprising to anyone who has paid attention to YouTube's growth strategy & lack of moral compass. But it's still shocking.https://twitter.com/Max_Fisher/status/1135529605530411008 …
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Unfortunately, it's most frequently echoed by people who ALSO believe that regulation is an immoral affront to the Darwinian purity of the "market." As an old friend said, "the invisible hand is always wanking."
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Stealing that quote.
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Moral hazard
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Just because it might be a business' responsibility social or otherwise to increase profits doesn't mean that's what it does. And I don't know if Uncle Miltie ever ran a business.
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Thoughts on this quote: “The goodwill of people is the only enduring thing in any business. It is the sole substance… The rest is shadow.” https://www.scjohnson.com/en/a-family-company/the-johnson-family/herbert-fisk-johnson-sr/second-in-line-but-second-to-none …
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When the establishment is funded by global corporations you hear lots of good things about
#globalism, & you see little scrutiny of those corps. for a long time. https://www.nytimes.com/2019/06/03/technology/facebook-ftc-antitrust.html …Thanks. Twitter will use this to make your timeline better. UndoUndo
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There should be a wall of separation, but business also should be guided by ethics. Can’t be purely predatory.
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“Only way forward.” Welp, that settles it.
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I prefer “Profit Is Tax”
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the move in Friedman's article describing the only acceptable form of non-profit seeking social responsibility under shareholder capitalism as being completely hypocritical and cynical is certainly eye opening. Socialism or barbarism guys
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