• truthfultemporarily@feddit.org
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    3 hours ago

    A thing I want to point out about publicly traded companies is that they are legally required to maximize shareholder profit.

    So if a CEO refuses to do something immoral that would increase profits, the shareholders can sue to have them fired and replaced with someone else.

    Not protecting any company here but this entire system is fucked and clearly leads to enshittyfication and immoral actions becoming the norm.