This is, to me, the bedrock sin of our system.
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It is, in theory, perfectly possible to argue that acting in their interests may not mean pushing up the short-term stock price - that acting in the interests of the environment, or public health, or the wider economy, or the nation in wartime is also in their interests
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The original idea that a CEO is obligated to turn a profit was from Dodge v Ford in 1919, which if you take it as completely literally applying to all companies today would hit all companies that, say, cut prices to reduce current earnings to squeeze competitors (like Amazon)
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