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dreadnip | 10 days ago

> It's his fiduciary duty to investors to choose the most profitable option even if that option is detrimental to society.

Do you realize how insane this sounds?

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CrossVR|10 days ago

I do, but that's the unfortunate reality we find ourselves in. It's why you should never trust a publicly traded company that promises to self-regulate, it is impossible for them to do so.

If a CEO consistently passes up large profits to protect society then investors will attempt to put a new CEO in charge.

deafpolygon|10 days ago

It does, but without regulatory oversight— this is how capitalism works.

actionfromafar|10 days ago

Without regulatory oversight, capitalism doesn't exist. In fact, cannot.