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View Diary: Something I think I finally understand (16 comments)

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  •  There is an analogy to corporate charters (1+ / 0-)
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    Catte Nappe

    They used to say in the first or second "Whereas" in their charters, that the purpose(s) of the corporation were to "serve society and the greater good", or similar wording.  Later, further down, the responsibility to shareholders, fiduciary reponsibility, etc. were enumerated.

    Now, just ask the average Joe/Jane what the purpose of a coporation is (a chartered entity, supposedly existing at the pleasure of the state granting its charter).  He/she will typically answer "to make money", and that is now largely true today, with profit not only the first, but the only motive or reason for being, with no other responsibilities, all other purposes are basically not even on the list.  Responsibility to behave ethically?  Serve the greater good of society? Treat employees fairly?  Not pollute?  None of those things matter - - not in the charter.

    Yes, there is a strong argument to be made that the love of money is the root of all evil.

    I'm part of the "bedwetting bunch of website Democrat base people (DKos)." - Rush Limbaugh, 10/16/2012 Torture is Wrong! We live near W so you don't have to. Send love.

    by tom 47 on Mon May 13, 2013 at 07:32:15 AM PDT

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