[jdright]

This is just malicious. Boing is the exemplar capitalist enterprise, traded, where the sole objective is profit above everything else, including safety and following regulations obligations, something that they can do because they bought politicians (lobby aka legal corruption).

[MOARDONGZPLZ]

Their stock is down 55% in the last five years. How is that an exemplar of profit making capitalism?

[ryandrake]

> How is that an exemplar of profit making capitalism?

They still exist and are regularly pumping out millionaires from their executive suites.

It's helpful to think about corporate America as a gigantic factory, but instead of a factory that makes gadgets or appliances, it's a factory that makes millionaires. On one end of the factory, the raw materials come in: Able-bodied workers, money from customers, and capital from investors. On the other end of the factory, the finished product--millionaire executives--fly out on golden parachutes into retirement. In the back, the waste from the manufacturing process gets discarded: The broken lives and bodies of all the rank-and-file workers, and all the negative societal and environmental externalities that were also destroyed in the process.

Profit for shareholders and [temporary, conditional] employment for workers are mere side effects of the process, and they'd do away with the second one if they had the technology to.

[lotsofpulp]

Why would the shareholders choose to be shareholders in such an organization?