May 1, 2026, 4:47 PMCapitalism has failed us. This May Day the only stock I want to invest in is guillotines.
https://www.theguardian.com/business/2026/may/01/ceo-pay-workers-minimum-wages
- May 1, 2026, 4:47 PM
Replies
Token Sane Persontokensane@mastodon.me.ukMay 1, 2026, 6:32 PM@mogul Economists will tell you that the purpose of a company is to enrich its shareholders. This is wrong.
A company is a system. As Stafford Beer pointed out, the purpose of a system is what it does. The person who decides what a company does is the CEO. Therefore, the purpose of a company is the enrichment of the CEO.