• upandatom@lemmy.world
    link
    fedilink
    English
    arrow-up
    4
    arrow-down
    2
    ·
    1 year ago

    Your examples are not counter points to the original claim of

    Any public company is LEGALLY REQUIRED to care only about profits. It is literally illegal for them to do anything else.

    • chiliedogg@lemmy.world
      link
      fedilink
      English
      arrow-up
      5
      arrow-down
      2
      ·
      1 year ago

      The comment was basically shorthand for “a fiduciary duty exists between corporate leadership and shareholders, creating a legally-enforceable requirement that the only consideration be maximum potential return on investment for existing shareholders and risk.”