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dudeofea | 1 year ago

Henry Ford tried not to be greedy all the time, then he was sued, and now all corporations are required to be greedy.

https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.

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AnthonyMouse|1 year ago

That's not really how that works. It's more along the lines of saying "we're doing this good thing because I want to and I have majority control so I don't have to care about the other shareholders" vs. saying "we're doing this good thing because it's good PR that may increase sales or help placate regulators" even though the thing you're doing is the exact same thing.

There are a lot of rules whose de facto consequence is to prohibit describing the true reason someone is doing something instead of actually prohibiting them from doing it.