What is the scientific basis for organizing society around maximizing shareholder value?
profit is a measurement of social good, and maximizing shareholder value is a profit sharing and trinkle down economics from top to bottom.
>>16709774 (OP)>maximizing shareholder valueFunny way of saying maximizing commissions, and shorting the crash, and buying it back for pennies before pushing it publicly, again, and maximizing, again.
First time in Finance?
>>16709813Sorry I should have said: [...] around jewish shareholders
>>16709774 (OP)People ascribe value to the things they care the most, this means choosing the highest economic returns also increases happiness the most.
>>16709774 (OP)The scientific basis?
That the evidence has show since the invention of the joint stock company that such societies have the happies, most educated, most well fed and housed citizens as compared with their peers.
To suggest any other sort of social organization at this point is romantic, bordering on /x/ tier schizophrenia.
>>16709941but this is not only factually incorrect now but this organizing forxe is seriously harmful to the future of the species
that isn't how it works
maximum shareholder value is roughly two things
- do your job
- don't take bribes in exchange for misspending company money
if you do your job, then the company will naturally do all of the things it needs to do in order to maximize shareholder value
if you take a bribe in exchange for throwing company money away, then you could be fined or sent to jail
you need to take into account the concept of fiduciary duty and how it makes you vulnerable to lawsuits if you breach it
in reality, society is more organized around courts of justice and law enforcement
you're just talking about one small part of finance law governing policy at for-profit corporations
in reality, you're taking a small, technical aspect of finance law aimed at stopping fraud, theft, and abuse and you're blowing it up way out of proportion
Money is such an odd thing. I like to think about it in this way.
It is absolutely necessary for SURVIVAL in modern day society. Money is as necessary as food, water, or shelter.
But money is a man made invention, and because it's made by man, it can only be acquired from one source. That source being other human beings. You can not grow money on a tree like you can food. You can't collect money from a stream like water. You can't build money like you can a home. Because humans invented money, it can only comes from other humans. It is not natural. It is not of this godly Earth.
This new change in the dynamics of our survival now REQUIRES humans to "hunt" other humans for their money in order to survive. The option of mutual-ism, or working together with fellow humans for the best outcome for all, is no longer available to us as it once was in our past. In other words, the existence of money, necessitates mankind to turn against their fellow humans. By it's very nature and from it's very inception, money demands humans to act with evil intent towards other humans.
>>16709774 (OP)You want thing X. I want thing Y. So I agree to produce thing X so you can provide me a universal exchange token I can use to get thing Y.
Thing X requires some upfront investment to produce though. So I ask some people for some universal exchange tokens and in return I give them a share of the profit in the future.
I am now not only obligated to myself, but to my investors, to produce thing X in order to maximize profit. Thing X is now more readily available to anyone who wants it.