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CORPORATIONS DO NOT EXIST TO MAKE MONEY

I post this, because people seem to keep forgetting. We don’t put companies together to make money. We put companies together to meet the needs of the employees and customers. They do make money – I think I’ve mentioned that money as implemented is a fundamentally broken idea and should be scrapped – but if they ever become *all* about making money, they die shortly thereafter, although they can do horrible amounts of damage first.

This entry was posted on Monday, June 5th, 2023 at 3:09 pm and is filed under Bitter, The Big Picture. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “CORPORATIONS DO NOT EXIST TO MAKE MONEY”

  1. Steve Seman Says:
    June 30th, 2023 at 6:54 am

    Corporations are formed to make money. Period. They need customers and employees to generate the profits. They meet the needs of the employees and customers as much as is necessary to generate those profits. Some Corporate Officers and shareholders do want to be good stewards and do ethical things with the money that is generated, but they need to make a profit to be altruistic, thus it is all about the Benjamins…

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