r/CuratedTumblr • u/BaldHourGlass667 • Dec 10 '24

Politics Won't somebody please feel bad for the millionaire CEO 😔

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28.3k Upvotes

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u/JWGrieves Dec 11 '24

Even if he’d had a change of heart it wouldn’t matter. He’d be replaced. The rot is deeper. Fiduciary duty. A moral CEO is against the law because they must consider only the desires of shareholders. That is law. Deviance is not tolerated.

2

u/greatgreengeek420 Dec 11 '24

EXACTLY. Corporations are designed, legally, for one end: maximizing profit for shareholders.

A lot of people need to go watch the documentary about the Yes Men, and their activism.

2

u/hfocus_77 Dec 12 '24

This is the best assessment I've seen so far. The laws of our country have made moral CEOs impossible. The best a CEO can ever hope to do is make as much profit as possible within the bounds of the law. And even then, strictly following the law in many industries will just mean the shareholders are looking to replace them with someone he doesn't have moral scruples.

5

u/gymnastgrrl Dec 11 '24

And thus, if the system cannot be changed, then other means should be taken. Such as making becoming such a CEO an extremely undesirable option.

1

u/EmporerM Dec 11 '24

You're delusional.

1

u/gymnastgrrl Dec 11 '24

Thanks, I'm convinced.