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BasielBob t1_j9ywqo0 wrote

Reply to comment by freediverx01 in Google asks workers to share desks amid mass layoffs by ravik_reddit_007

>an executive’s sole duty is to maximize shareholder value (in the short term)

This is what gets you promotion or a better job opportunity.

For most C-suite people with business school background the primary duty is not to the company but to their careers.

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freediverx01 t1_j9z2ail wrote

The problem is systemic. It’s expected that companies will often want to do the wrong thing out of greed, and the same applies to individuals. But we should have laws and regulatory oversight in place to curb these sociopathic tendencies. Instead, our system celebrates and rewards it. We have allowed the complete corruption of our political and economic systems.

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