• MystikIncarnate
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    1 year ago

    Wasn’t there a court case early on in Americas history where the judge basically made it clear that companies only existed to generate value for shareholders?

    Something about them wanting to take a large amount of their profits and reinvest into the company by raising wages, and the shareholders took them to court for not paying out the profits to them and the shareholders fucking won?

    If you’re ever curious why companies fuck everyone over, read a history book.

    The entire purpose for a corporation to exist is to pay rich people for holding shares. Nothing more. You don’t matter, happiness doesn’t matter, life and limb doesn’t matter, only the almighty dollar.

    Learn to swim.

    • hairyfeet@lemmy.ml
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      1 year ago

      This a UK politician where the NHS is not run for profit. Sumak is a shit who has had private meetings with US health care companies assumably to try to sell of parts of the NHS.

      • MystikIncarnate
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        1 year ago

        aah, thanks, I missed that since I’m not from the UK, and I don’t generally follow UK politics. I barely care enough to recognize that my country has a king now (rather than a queen). I’m in Canada, and yes, Charles became the king of Canada too. Most of my countrymen just want to do away with the canadian royalty, and everyone who doesn’t have an opinion on it, generally doesn’t understand that Canada has royalty. We do. It’s stupid, but we do.