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A comment on Etsy Strike. Parent comment

Re:Etsy Strike by andai on Monday April 11, 2022 @03:33PM (#30993628)
>Dodge v. Ford Motor Company, 204 Mich. 459, 170 N.W. 668 (Mich. 1919) is a case in which the Michigan Supreme Court held that Henry Ford had to operate the Ford Motor Company in the interests of its shareholders, rather than in a charitable manner for the benefit of his employees or customers. It is often taught as affirming the principle of "shareholder primacy" in corporate America, although that teaching has received some criticism. [Wikipedia]
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Re:Etsy Strike by mattkrause on Monday April 11, 2022 @03:50PM (#30993866)
Yup, but the facts of that particular case are tricky. Ford refused to issue a dividend to the Dodge brothers because

   "My ambition is to employ still more men, to spread the  
   benefits of this industrial system to the greatest possible
   number, to help them build up their lives and their homes."
This isn't a business decision; it's an ideological one.

It's been argued that if he said less ("No, just no"), or a bit more ("And this will let us recruit the best workers/expand our customer base/etc"), he would have been fine. This commentary lays that argument out nicely: https://openyls.law.yale.edu/handle/20.500.13051/603

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