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by afthonos
320 days ago
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So what would be impossible to explain in a world where “corporate greed” is indeed what causes all these things? The answer can’t be “nothing”—or “corporate greed” doesn’t mean anything. I can say, for example, that under gravity, an object will not accelerate upwards when entering else stays down; if you show me that happening, I either have to say gravity didn’t cause it, or that gravity is not what we thought it was (and we should probably get a new word for whatever it has). |
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But in the American corporate model, corporations almost by definition don’t do muck of that, because there’s an entrenched belief that increasing shareholder value is their primary mission. Positions to the contrary, like https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-v..., are not widely understood or accepted.