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|    Message 2,865 of 4,852    |
|    Nuno Silva to rbowman    |
|    Shareholder primacy (was: Re: The "Stand    |
|    04 Dec 25 00:10:10    |
   
   XPost: comp.os.linux.misc   
   From: nunojsilva@invalid.invalid   
      
   On 2025-12-03, rbowman wrote:   
      
   > On Wed, 3 Dec 2025 00:12:59 -0500, c186282 wrote:   
   >   
   >> That's the oft-forgotten part of this equation.   
   >> Biz want to make more by getting rid of most of their expensive   
   >> humans ... but once many are doing that then you get a fast-growing   
   >> blob of people who cannot afford to buy Product-X.   
   >   
   > Henry Ford figured that out. Early on he paid his workers much better than   
   > the prevailing rates on the theory if they couldn't afford a Model T who   
   > was going to buy them. However the suit by the Dodge brothers clarified   
   > the issue -- a business has one objective, making money for the   
   > shareholders.   
      
   Did you mean "a business *had*"? Isn't this ("shareholder primacy")   
   pretty much of a misconception these days, except for a small number of   
   jurisdictions?   
      
   > Both Ford and Edison had a low opinion of the money men.   
      
   --   
   Nuno Silva   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   
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