I have been thinking about this. If a business pays their employees well they don't look good on the stock market and they don't get PR points for philanthropy. On the other hand if you squeeze out every bit of profit, you look good in the stock market and you get big PR points if you do a little philanthropy. The decision seems pretty clear.
Maybe. I would argue that long term it isn't. Businesses and the people who control them are only that wealthy because society lets them be that wealthy. Damaging society (e.g. via increasingly obscene wealth inequality making people more unhappy) means, long-term, risking massive societal upheaval, and thus your position.
"Damaging society (e.g. via increasingly obscene wealth inequality making people more unhappy) means, long-term, risking massive societal upheaval, and thus your position."
Do you think that current businesses think about this a lot?
