No capitalist enterprise will ever put benefits to society ahead of profits.
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RE: https://newsie.social/@TheConversationUS/116070407270743611
No capitalist enterprise will ever put benefits to society ahead of profits. It literally cannot.
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RE: https://newsie.social/@TheConversationUS/116070407270743611
No capitalist enterprise will ever put benefits to society ahead of profits. It literally cannot.
@benlockwood @roknrol @TheConversationUS
My question is what happens when the common denominator says that by not looking out for society they are ruining their profits. Common denominator being complete economic ecological outcome combined -
@benlockwood @roknrol @TheConversationUS
My question is what happens when the common denominator says that by not looking out for society they are ruining their profits. Common denominator being complete economic ecological outcome combined@EVDHmn @roknrol @TheConversationUS doesn’t seem to be ruining profits for anyone else
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RE: https://newsie.social/@TheConversationUS/116070407270743611
No capitalist enterprise will ever put benefits to society ahead of profits. It literally cannot.
@benlockwood It can if it agrees so with its shareholders. There are whole classes of companies that do this.
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@benlockwood It can if it agrees so with its shareholders. There are whole classes of companies that do this.
@DamonHD no there isn’t
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@DamonHD no there isn’t
@benlockwood What are (eg) B-Corps, or (UK) Community Interest Companies which are legal entities that specifically exist to do what you say is impossible? And you can write societal benefit causes into a normal company's M&A. I have direct experience with two of these.
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@benlockwood What are (eg) B-Corps, or (UK) Community Interest Companies which are legal entities that specifically exist to do what you say is impossible? And you can write societal benefit causes into a normal company's M&A. I have direct experience with two of these.
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