"Are US companies legally obligated to maximize profits for shareholders?"

Re:"Are US companies legally obligated to maximize profits f... by marnett on Friday February 17, 2023 @10:57AM (#34836145)

I shared your curiosity on this exact subject in the past. There is an interesting historiography entitled “The Transition from Feudalism to Capitalism,” originally published in the 1950s, which contains a collections of debates on this subject.

It is no frills and quite scholarly, but that is often the case for hyper focused, niche subjects.

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Re:"Are US companies legally obligated to maximize profits f... by britzkopf on Friday February 17, 2023 @11:11AM (#34836397)

Not sure I would describe a multi decade history exploring the transition from feudalism to capitalism as "hyper focused", or niche for that matter.

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Re:"Are US companies legally obligated to maximize profits f... by marnett on Friday February 17, 2023 @08:47PM (#34843012)

Your feedback is received. Granted, I do disagree. This is just one specific area of focus in the broader field of Marxist historiography. So it is niche.

It is as niche as studying a specific subject area in the broader field of Egyptology, which again I don’t think would be a stretch to consider niche.

Perhaps a takeaway we can both agree on is niche may not be the best word for describing what I’m talking about. Perhaps subfield of an academic discipline is.

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