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I_UndergroundPanther

(12,480 posts) Sat Dec 21, 2019, 12:22 PM Dec 2019

What if the profit [View all]

Imperative was removed from the corporate charter?

At one time in the past corporations had to work for the public good.

What happened to that Noble idea?

Since they work for profit of the owner we all suffer. Maybe the profit imperative needs to be cut out,removed from corporations.

3 replies

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What if the profit [View all] I_UndergroundPanther Dec 2019 OP

Like all good lies the premise of radical capitalism has some truth Cary Dec 2019 #1

But the growth imperative I_UndergroundPanther Dec 2019 #2

Actually, there is no legal requirement for corporations to maximize profits. In fact, that's a Hoyt Dec 2019 #3