[heresie-dabord]

> Companies exist to make profit and returns for their investors/shareholders

Companies pay taxes, operate in a community, and employ people. Shareholders may not care about such trifles... until the race to rot is complete.

[vineyardmike]

I don’t know why we keep repeating the “companies exist to make profit for shareholders” line.

It’s barely real, it’s hardly law, and the more we say it, the worse companies will act because we’ve all accepted fate.

Companies exist in our society. They don’t have a right to profits. Any profits is a result of patronage and goodwill of the population. We can change laws, and cultural norms, and worker and environmental protections. We don’t need to be victims of greed like it’s some inevitable consequence of capitalism.