You started by claiming maximizing short term profits was required and now you are claiming maximizing long term profits are required. On top of that you keep claiming profitability has to be maximized even though that isn’t stated anywhere. While you may insist on hallucinating standards that don’t exist it isn’t even possible to determine if any action maximizes profitability.
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Cake day: January 12th, 2026
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Yet another justification for enabling psychopaths.
And Google has a fiduciary responsibility to shareholders to maximize profits, basically guaranteeing this type of behavior
This is simply not true. Per the us Supreme Court, “Modern corporate law does not require for profit corporations to pursue profit at the expense of everything else”. On top of that, even if the standard did apply, doesn’t ensuring the long term interests of a company provide more total profit? Maximization is an inherently difficult standard to enshrine in the law.
musicalphysics@discuss.onlineto
Ask Lemmy@lemmy.world•What movie do you think is really underrated?
3·2 months agoI know he can get the job, but can he do the job.
musicalphysics@discuss.onlineto
Lemmy Shitpost@lemmy.world•After the 6th payment the burrito is mine 💀💀💀
4·3 months agoProvenance is a major issue in art. NFTs provide the best provenance yet.

Now that cable has moved into a streaming online service not much room left for TiVo. Commercials will reign again.