[thinkingtoilet]

The problem is there is no punishment for the people who do it. The board and higher ups get their short term profits that wall street love and when they eventually see that people stop coming the CEO will get a multi-million exit package and go and destroy his/her next business. In fact, they get rewarded for it.

[arcticbull]

Maximizing profit is the point of a business. If you want to have non-profit goals, you can advocate for socialization, I suppose, but government-run fast food restaurants seems like a tough sell in These Here United States.

[piva00]

Maximising profit over the well-being of a sustainable business long-term is a mindset from the late 80s/early 90s in business world, not a law. It doesn't need to be that way, it is because of an ideology instituted by Welch and his followers spread it amongst all businesses, another ideology will take over when this one inevitably crumbles enough business to be considered harmful.

I hope Boeing's downfall continues spiraling to have a nice poster child of what this fucked up behaviour creates.

[thinkingtoilet]

I thought I was perfectly clear that they're maximizing short-term profits which in the end will result in less profit in the long run.