this post was submitted on 24 Dec 2023
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His original post , titled I can't sleep, is some brilliant writing. When we talk about the chilling effect that criticism of Israel creates in industries everywhere (including ours) this is what that looks like.

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[–] [email protected] 20 points 11 months ago* (last edited 11 months ago) (8 children)

Corporations are required to protect their shareholders,

Corporations definitely are not required to protect their shareholders, especially when those shareholders are championing genocide.

Anyway, this is yet another reason why for-profit companies should be illegal. The goal of an organization should be to help the world, not make as much money as possible.

[–] flumph 13 points 11 months ago (6 children)

“Within the limits of their discretion, directors must make stockholder welfare their sole end,” Strine wrote. “Other interests may be taken into consideration only as a means of promoting stockholder welfare.” -- Chief Justice Strine, Delaware’s Supreme Court, 1985’s Revlon v. MacAndrews

[–] [email protected] 6 points 11 months ago (3 children)
[–] flumph 7 points 11 months ago* (last edited 11 months ago) (1 children)

There's no counterpoint in that article. The article says that things should change. At no point did I say I agree with the status quo.

[–] [email protected] 1 points 11 months ago (1 children)

The word you used is "required" I'm pointing out that's false. The only person who can require you to do something is you.

[–] [email protected] 0 points 11 months ago

You don't seem to understand what is required of whom. Corporations are required to act in the best interests of their shareholders (within the bounds of the law) or the shareholders can sue the company.

People are not legally required to do anything but they will be fired if they don't. If someone says something that makes a company look bad to their customers, they kinda need to be fired. Otherwise keeping them on may be detrimental to the interests of the investors.

Basically, you can say what you want but anything but positive attention may get you fired.

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