Carrolade , 1 month ago

Uh, yea, actually. When people complain about corporations, they’re worried about how shareholders, who have no actual emotional or long-term attachment to their ownership of the company, have no real incentive to actually do things in any sort of ethical, or even long-term healthy way.

If they’re just going to sell their shares someday, why should they care?

If someone is working on a project of their own, it’s much more possible for it to be a passion project, where they care about more than simple short term profitability. You’re just more likely to encounter ethical behavior once that fiduciary duty to shareholder profits above all else is removed.