| ▲ | andor 9 hours ago |
| Companies are not bound to sociopathically pursue profit. It would be in their long-term interest to care about stakeholders outside the boardroom, and until a certain person with tiny hands started a war on anything remotely "woke", the market rewarded ESG metrics. |
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| ▲ | nixon_why69 9 hours ago | parent [-] |
| Your point was true prior to 1980 or so, but it's a cultural average. We've had multiple generations of business leaders now trained on seeing the corporate legal entity as only caring about shareholder value and being proud of it and even perversely principled about it. |
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| ▲ | andor 9 hours ago | parent [-] | | It's true that this is happening a lot. And I think this is one of the reasons why ethicists still want to get involved in these companies: it should be easier to make a company do the right thing from the inside, why else would they hire for these positions? They join with idealism and probably don't get very far in terms of real impact. | | |
| ▲ | nixon_why69 9 hours ago | parent [-] | | > They join with idealism and probably don't get very far in terms of real impact. I can't disagree with that, reminds me of the quote from the movie Rounders: If you've been at the table for 30 minutes and you don't know who the sucker is, you ARE the sucker. | | |
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