Jeff Atwood"In General Electric’s annual report from 1953, the company bragged about how much it paid in taxes and how much it was spending on payroll. It explicitly said that “maximizing employment security is a prime company goal.” The founder of Johnson & Johnson said that the company’s responsibility to its employees was higher than its responsibility to its shareholders. Corporations then had a radically different conception of their role in society compared with corporations today." https://archive.is/66hPb
toxtethogrady@codinghorror This was in an age before Milton Friedman and Allan Greenspan came to dominate American business thought. It was cemented when Robert Ringer explained to ambitious up-and-comers how to Win Through Intimidation by strategically choosing the most "powerful" seat at a restaurant table prior to lunch. The fact that companies consider their primary purpose is to make money for their shareholders has corrupted American business, whose primary purpose used to be to stay in business...