Coca-Cola has weighed in this year, too, before and after Brian Kemp, Georgia’s Republican governor, signed a new law on March 31st that critics said would suppress black voters. The firm’s discreet efforts to soften aspects of the bill before its passage backfired twice over. First, civil-rights groups accused it of pusillanimity.
America Inc was built on top of a legal innovation: the limited liability company. Originally such corporate structures still needed to secure a government charter to operate, which often involved greasing plenty of official palms. A succession of court rulings in the first half of the 19th century allowed firms to put politics at arm’s length. Afterwards they needed only ambition and willing investors. The result was the most fecund business environment of all time.
That equilibrium was shaken in 1970 by Milton Friedman, a Nobel-prizewinning champion of laissez-faire economics. He argued that executives’ sole responsibility was to shareholders. So long as markets were free and competition fierce, maximising shareholder value would help society, by ensuring better products for customers and better conditions for workers. Firms that failed on either count would see buyers and employees defect to rivals.
...so just the worst fucking ideas ever? Is that what America manufactures now, shitty ideas?
I doubt that stat? Businesses can’t do what the government does because...profits... dumpgop
1/8 Solar & Wind are 0 emissions? Each 1 MW of solar farm power requires between 35 to 45 tons of steel, + you need to dig for cadmium, gallium, germanium, etc Make silicon Silicon metal is made from the reaction of silica (SiO2) -
Really? Crooked, greedy, low taxpaying businesses? Say, like an Enron company? 🙄
Business leaders should also speak up more on our foreign policies that are unsustainable and unjust.
Of course 2/3 of Americans think CEOs would make good leaders. As Loki said, humans secretly crave subjugation (ie- fascism), and a business is not a democracy. Employees can't vote on the CEO. A CEO is accustomed to acting more like a dictator than a democratic leader.
So just the worst fucking ideas ever? Is that what America manufacturers now, shitty ideas?
Someone think of the money?!?! Won't anyone think of the money!!!!!?
Why was Trump banned?