On Thursday 08 Sep 2005 3:09 am, Valdis.Kletnieks@vt.edu wrote:
And when the corporate executives have a legal and moral obligation to generate income for the stockholders (barring a stockholder's resolution or other similar instrument dictating otherwise), what is one to do when "vast profits" and "vast evil" lie in the same direction?
Moralities aren't black and white, generating profits falls behind other legal and moral obligations that apply to everyone.
Even Google, with it's "Don't Be Evil" policy
Any influence Google's "Don't be Evil" policy had vanished the day it was floated AFAICT. Where profits are put before morals that is called greed. Sure the stockmarkets allow people to put greedy people in charge of their money, but be aware what goes around, comes around. HG Wells referred to people investing in the stockmarket as a purely financial endevour for short term profits as "the irresponsibly wealthy" as far back as 1902. Plus ça change.