OT: Yahoo- apparently now an extension of the Chinese govt secret police....
Simon Waters
simonw at zynet.net
Thu Sep 8 08:19:46 UTC 2005
On Thursday 08 Sep 2005 3:09 am, Valdis.Kletnieks at vt.edu wrote:
>
> And when the corporate executives have a legal and moral obligation to
> generate income for the stockholders (barring a stockholder's resolution
> or other similar instrument dictating otherwise), what is one to do when
> "vast profits" and "vast evil" lie in the same direction?
Moralities aren't black and white, generating profits falls behind other legal
and moral obligations that apply to everyone.
> Even Google, with it's "Don't Be Evil" policy
Any influence Google's "Don't be Evil" policy had vanished the day it was
floated AFAICT.
Where profits are put before morals that is called greed. Sure the
stockmarkets allow people to put greedy people in charge of their money, but
be aware what goes around, comes around.
HG Wells referred to people investing in the stockmarket as a purely financial
endevour for short term profits as "the irresponsibly wealthy" as far back as
1902. Plus ça change.
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