• surph_ninja@lemmy.world
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    7 hours 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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      3 hours 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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        3 hours 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.