Paul Tudor Jones says companies can no longer exist just to maximize profits

on Wednesday critiqued the long-held belief that companies should exist for the sole purpose of generating profits.

"When you just look and say that the only thing that a company has to worry about is making a profit, it gives that company a pass not to pay attention to pay equity, not pay attention gender equity, not to pay attention to racial equality. Not to pay attention to a whole host of social factors that at the end of the day are the basis and the foundation of a strong, vibrant society," Jones said.

"When the pandemic hit, it's no wonder that the greatest social problem manifested itself in the country with the most fragile social infrastructure," he added. He applauded the Business Roundtable's decision in 2019 toto include "all stakeholders," including employees, customers and the broader population.

I’m sure he knows what he’s talking about. Remember these comments. Just another hypocrite...

What a concept!

the thinking of all uber rich people

Says the robber baron

I agree lets break up google, facebook, apple, and twittet

Agree 100%

nice strawman. come on.

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