Re:Statement by Apple
by rednukleus on Thursday February 07, 2013 @06:22PM
(#5185195)
> To not take advantage of government loopholes would be neglecting fiduciary duty.
Not true. Taking advantage of loopholes is sometimes illegal, and sometimes a grey area.
> If they're inept and/or corrupt, so be it.
So why don't we all just give up then? Companies have a duty to earn as much money as possible regardless of morality, lobbying to get whatever laws changed they feel like in the process, and politicians can do whatever they want once they are elected.
In my view letting corporations determine law, law determine morality, and accepting it without complaining is an exceptionally bad idea.
> In my view letting corporations determine law, law determine morality, and accepting it without complaining is an exceptionally bad idea.
I absolutely agree. But as I said prior in the thread, expecting private corporations to not act in their best interest is like arguing against gravity.
Returning maximum value to shareholders is something that most (all?) corporations are trying to do. To not take advantage of government loopholes would be neglecting fiduciary duty.
It's not the corporation's job to police morality. That responsibility theoretically belongs to the state. If they're inept and/or corrupt, so be it.