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Re: OT: Yahoo- apparently now an extension of the Chinese govt secretpolice....

  • From: Simon Waters
  • Date: Thu Sep 08 04:21:04 2005

On Thursday 08 Sep 2005 3:09 am, Valdis.Kletnieks@vt.edu wrote:
> 
> And when the corporate executives have a legal and moral obligation to
> generate income for the stockholders (barring a stockholder's resolution
> or other similar instrument dictating otherwise), what is one to do when
> "vast profits" and "vast evil" lie in the same direction?

Moralities aren't black and white, generating profits falls behind other legal 
and moral obligations that apply to everyone.

> Even Google, with it's "Don't Be Evil" policy

Any influence Google's "Don't be Evil" policy had vanished the day it was 
floated AFAICT.

Where profits are put before morals that is called greed. Sure the 
stockmarkets allow people to put greedy people in charge of their money, but 
be aware what goes around, comes around.

HG Wells referred to people investing in the stockmarket as a purely financial 
endevour for short term profits as "the irresponsibly wealthy" as far back as 
1902. Plus ša change.




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