Missouri_Mike
Diamond Member
- Nov 5, 2012
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LMAO! Holy shit that’s funny."The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"
"It's conventional wisdom in business circles today that corporate directors should 'maximize shareholder value.'
"Corporations supposedly exist to serve shareholders' interests, and not (or at least, not directly) those of executives, employees, customers, or the community.
"However, this shareholder-value dogma begs a fundamental question. What, exactly, do shareholders value?
"Most shareholder-value advocates assume that shareholders care only about their own wealth. But it is increasingly accepted that the homo economicus model of purely selfish behavior doesn't always apply.
"This possibility provides a challenge to the dominant business paradigm of 'maximizing shareholder value:' the concept of the prosocial shareholder."
How Investing Turns Nice People Into Psychopaths
Homo economicus behaves with 100% rationality and a 100% focus on money as the primary incentive.
Is it problematic that a purely rational, purely selfish person is a functional psychopath?
Might that explain the logical disconnect between infinite growth on a finite planet?