Print

Print


[log in to unmask] writes:
> corporations DO have some responsibilities toward their employees
 
But these are subordinate to the wishes of the shareholders (ie to make
a profit). And when push comes to shove the CEO is legally _obliged_
to concider the sherholders needs _first_. This may be regretable,
but it is the basis upon which the investors put money into companies.
Changing the rules after they have invested is fraud. It is worth adding
that in the UK (and I think the USA) the bulk of stock market cash is
invested on behalf of pensions, and pensions mean pensioners - another
needy group.
 
Wah, I'm way-way off topic here, but I couldn't let the basis of the
distinction between marxism and capitalism pass without comment.
Tim.