• @[email protected]
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    5513 days ago

    If regulators don’t stop them from doing it, the CEO’s of publicly traded companies will get the boot from the board for not doing it. They have a fiduciary duty to be as shitty as humanly possible.

    We need laws to stop this, but the politicians are all bribed not to.

    • @[email protected]
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      2713 days ago

      They have a fiduciary duty to be as shitty as humanly possible.

      They don’t – that’s a cargo-cult misunderstanding of Dodge v. Ford Motor Co – but it’s so widely believed I guess it might as well be true.

      • @[email protected]
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        1213 days ago

        If the people sitting on the Supreme Court believe it, and I believe the majority of those shitbags do, then that is unfortunately the law as it stands.

        But when the law is unethical, I don’t see why we should be lawful.

      • @[email protected]
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        413 days ago

        Well, there is plenty of evidence to the contrary, such as the way Costco mostly operates. Being the good guys has a lot of brand value. With a little nurturing of the vast propaganda machine known as advertising, that could be improved.