Current Events > Top CEOs say companies should put social responsibility above profit

(+) Yeah! (+)

https://www.reuters.com/article/us-jp-morgan-business-roundtable/top-ceos-say-companies-should-put-social-responsibility-above-profit-idUSKCN1V91EK

YEP! everyone should get $1000 per month just because its just fair and right, twitter told me so!
---

SaccharineSmile posted...

https://www.reuters.com/article/us-jp-morgan-business-roundtable/top-ceos-say-companies-should-put-social-responsibility-above-profit-idUSKCN1V91EK

YEP! everyone should get $1000 per month just because its just fair and right, twitter told me so!

do you think $1000 a month is the minimum for social responsibility or
---

Of course they're going to say that publicity. They don't really believe that.
---

Actions speak louder than words. Can't stand corporate virtue signaling
---

Lol sytrv
---

If "top ceos" of big corporations want to put social responsibility above profit, they should do so in earnest, and not push for new business-related legislation in a thinly-veiled form of regulatory capture (edit: or partake in idle signaling to boost their brand's standing with the public)
---

SauI_Goodman posted...

Of course they're going to say that publicity. They don't really believe that.

---

MichaelKaySeeYa posted...

SaccharineSmile posted...

https://www.reuters.com/article/us-jp-morgan-business-roundtable/top-ceos-say-companies-should-put-social-responsibility-above-profit-idUSKCN1V91EK

YEP! everyone should get $1000 per month just because its just fair and right, twitter told me so!

do you think $1000 a month is the minimum for social responsibility or

Real talk, an extra $1000 a month would bump my monthly income up to $3000 a month, which would dramatically help me out lol.
---

So is Jeff Bezos going to still put a ridiculous amount of money into a space program or what
---

MichaelKaySeeYa posted...

SaccharineSmile posted...

https://www.reuters.com/article/us-jp-morgan-business-roundtable/top-ceos-say-companies-should-put-social-responsibility-above-profit-idUSKCN1V91EK

YEP! everyone should get $1000 per month just because its just fair and right, twitter told me so!

do you think $1000 a month is the minimum for social responsibility or

1000/mo for every adult citizen is almost equivalent to the money printed annually by the fed

the fed, of course, funnels the money it prints to the big banks at low, zero, or negative real interest rates

rich get richer, poor get poorer, trickle down fallacy in action since 1971

given how bad the state of affairs is (for an assortment of factors, to be honest), bypassing the big banks and experimenting with trickle-up monetary policy by sending the money straight to main street is probably worth exploring
---

I want a negative interest loan...

---

PMarth2002 posted...

SauI_Goodman posted...

Of course they're going to say that publicity. They don't really believe that.

This. Talk minus action equals zero.
---

Can you imagine people getting free money per month?

Id say 95% are irresponsible with money to begin with, so this entire charade about giving out free money shouldnt even be considered

people should get educated regarding finances first
---

The first company mentioned to sign on is Amazon. ******* lol.

This is like the Paris Climate Agreement but with CEOs making empty pledges for virtue signaling points instead.

SaccharineSmile posted...

Can you imagine people getting free money per month?

Id say 95% are irresponsible with money to begin with, so this entire charade about giving out free money shouldnt even be considered

people should get educated regarding finances first

Maybe it should be a requirement to attend some kind of financial literacy course to get it
---

pres_madagascar posted...

SaccharineSmile posted...

Can you imagine people getting free money per month?

Id say 95% are irresponsible with money to begin with, so this entire charade about giving out free money shouldnt even be considered

people should get educated regarding finances first

Maybe it should be a requirement to attend some kind of financial literacy course to get it

the government is the last place people want to learn financial literacy from
---

pres_madagascar posted...

SaccharineSmile posted...

Can you imagine people getting free money per month?

Id say 95% are irresponsible with money to begin with, so this entire charade about giving out free money shouldnt even be considered

people should get educated regarding finances first

Maybe it should be a requirement to attend some kind of financial literacy course to get it

Even if the free money is like a voucher to only spend the money on certain stores like supermarkets or paying bills, the problem still remains where their other money they always got they will spend irresponsibly more so (because hey look extra money to spend!) and well be back to square one with people struggling with the lack of money
---

Being financially irresponsible with money is what drives our economy though so I don't understand how that's supposed to be a bad thing.

There is some indication that with UBI in effect, companies would have leverage to scale back worker benefits and wages to great effect. This might not be benign virtue signaling.
---

Unknown5uspect posted...

Being financially irresponsible with money is what drives our economy though so I don't understand how that's supposed to be a bad thing.

True but then well come full circle with the same group of people complaining they want even more money and how corporations have enough money to give out more and it isnt fair

Its ironic that people that hate capitalism are the same people that have that greed thought of wanting fairness in terms of money for society lol
---