The pledge was born out of shareholder activism — and was withdrawn as regulators crack down on greenwashing.

  • The Quuuuuill@slrpnk.net
    link
    fedilink
    English
    arrow-up
    19
    ·
    5 days ago

    i been sick of that “a ceo’s only responsibility to shareholders” line. just like i been sick of people saying in america that corporations are legally required to maximize profits for the shareholders. this lets greedy oligarch fucks off the hook for their evils by portraying it as inevitable.

    before reagan, one of the primary functions of government was holding greedy fucks accountable. reagan introduced alignment. from him on, government has been run by and for greedy oligarchs who just want to make themselves rich, everyone else, including the shareholders, be damned. our last chance to start reversing that process through elections was probably in 2000 when we didn’t elect gore. we’ve been doomed ever since to someone like the next president.