Ray Katz
Nov 11, 2021

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Still reading but I’m not sure the laws of capitalism force owners to maximize profits. I think they must make profits but not necessarily maximize them.

Also, there are cases of companies paying employees significantly more than the market requires—including very profitable companies.

Also, although it is hard to go against the grain under any system, it is often possible. I may not condemn, say, Jeff Bezos for treating employees badly (or I may!), but I’d give credit to those resisting pressure and behaving benevolently.

It’s harder to resist in a publicly held corporation than in a privately held business.

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Ray Katz
Ray Katz

Written by Ray Katz

Internet pioneer. But I’m most interested in stabilizing the Earth’s climate and promoting our common humanity. WeAreSaners.org

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