This was inevitable. It’s already the de facto direction in most companies. Nobody can seriously run an already high-risk business while also seriously pursuing a big tent political agenda of any sort. And energy wasted on political theater serves neither business nor politics.https://twitter.com/brian_armstrong/status/1310301482101563392 …
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The scope creep of such social responsibility only ever goes up, never down. And because it solve the actual problem , it’s an accumulating deadweight loss tax. In heavily regulated economies this leads to social/political staffing bloat. In competitive ones, it kills companies.
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Businesses are not the tools for solving most political problems. Tax them more, solve problems with tax $. Flip the economics. If you had a million dollars to address structural injustice in policing, would you use it to fund tax breaks to companies in return for PR statements??
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Personally I think workers coercing their employers to do what the workers want, whatever that is, is net positive
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Hard disagree.
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well said - “scope creep” nails it
Thanks. Twitter will use this to make your timeline better. UndoUndo
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