• Crashumbc@lemmy.world
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    17 days ago

    Absolutely, but fiduciary responsibility, has never and was never intended to mean absolutely maximizing profits and especially at the long term expense.

    That was a twisted idea that was put forward in the late 70s early 80s as a means to justify destroying companies for short term gain.

    • Warl0k3@lemmy.world
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      17 days ago

      Oh, then yes I agree completely!

      So anyways you coming to Steve’s “eat the rich” party? I hear he’s got a new barbecue.