• surph_ninja@lemmy.world
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      2 months 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.

      • grue@lemmy.world
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        2 months 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.

        • surph_ninja@lemmy.world
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          2 months 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.

          • philpo@feddit.org
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            2 months ago

            Dude, Brother is not even an US company - like most big printer companies it’s Japanese and traded at the Tokyo stock exchange.

            So… You’re arguments are invalid and only show your americentric world view.

    • lone_faerie@lemmy.blahaj.zone
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      2 months ago

      With the current US government, there’s far more roadblocks to running a company ethically than turning it to absolute shit

    • Sturgist@lemmy.ca
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      2 months ago

      It’s like every company that wasn’t complete playing the social good will game and didn’t appear at a casual glance to be shit just suddenly decided to…go to complete shit. masks off, because they saw it might finally be acceptable to be ghouls again.

      Unfortunately, I’m pretty sure I FTFY. Wish it weren’t so, but that’s definitely what it looks like…

    • Empricorn@feddit.nl
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      2 months ago

      Unrestrained Capitalism. Without those pesky regulations, companies can charge us all unlimited amounts and not have to consider our rights or health/safety.