Friday, October 3, 2014

One problem with the corporate model

A corporation has one goal- to make as much money as possible.  So if I can make 100 million dollars by creating good-paying jobs in America and producing a product that is useful and good for the planet, that's great.  But if I can make 101 million dollars by sending all my jobs overseas, harming the economy, and making a product that destroys the environment, well...that's just business.  Screw y'all.  I'm taking my extra million and putting a helipad on my yacht. 

So, does that mean that we should get rid of all corporations?  No.  There just needs to be a balance between benefiting the private and the public. Corporations are indebted to their shareholders. Without them, they would not have the capital with which to conduct business. But they are also indebted to the environment (physical, political, economic, etc) in which they do business. Without a uniform currency, courts, roads, our natural resources,and an educated public, companies would not be able do business. So I think that if you can't make money while treating your employees and the environment right, then you shouldn't be in that business. And I don't think corporate profits should be the only measure of a company's value. 

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