Note that leaders of big companies are required to maximize profits for shareholders. The problem is that these ways are legal.
@thomasfuchs : this, BTW, is untrue. Many *believe* this, via the cult of shareholder value, but fiduciary responsibility != profit.
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@slightlylate I'd like to point out that Google is a for-profit company. The job of everyone working there is to generate profit. -
@thomasfuchs : and, more to the point, the founders retain control via voting share split and explicitly manage against short-term profit - 4 more replies
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@slightlylate I'd like to hear shareholder's opinions on your opinion. -
@thomasfuchs : in well-run corps (like the one I sometimes-unashamedly work for), their opinion doesn't matter.
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@slightlylate@thomasfuchs I was just about to say the same thing. -
@williampietri fwiw, I don't mean "required by law". I mean required by the company owners (i.e. shareholders).
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