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by keyboardP
4863 days ago
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That's a fair comment but stating what makes sense from a business perspective isn't the same as saying you support the actions. Far from it, but when you discuss the actions of companies, you have to see it from their point of view. That doesn't mean you agree with that they're doing but it helps explain the reasoning and rationale behind it. What's right for consumers may not be, and often isn't, right for the business so it's not a case of "right" or "wrong" (because that can vary depending on who's point of view you're looking from) but a case of explaining why the strategy was taken. >Denying every single "good" action in our professional lifes because it could cheat a shareholder somewhere ... that would definitively be a strawman. No one said every single good action can be denied and, in fact, I explicitly said that I don't believe the people involved didn't have good intentions. However, if there was a choice to be made between increasing profits or "being good", a public company would often choose the profit route. I understand what you mean regarding the accountability to the shareholders but I think it's used more as a euphemism to say that they are required to make a profit. They're more than welcome to have a philanthropic branch to their company but if you're investing millions of investor funds without financial gain, questions will be asked; that's the reality. |
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