Any company that becomes publicly traded gets turned to the dark side. That's the factor that does it because they have a legal requirement to do everything they can to maximize profits.

Trying to sustain perpetual growth will always lead to companies fucking over their customers and employees.

[–] blindbunny@lemmy.ml 10 points 1 year ago (1 children)

While I feel this is true there are so few privately owned companies that prove this as fact. Holds breath that steam never fucks over its customers

[–] kittenbridgeasteroid@discuss.tchncs.de 2 points 1 year ago

That's likely in part due to the fact that they'd really like to he publicly traded.

[–] moormaan@lemmy.ca 2 points 1 year ago

There is also the B Corp designation (short for Public Benefit Corporation) which allows a company to balance its responsibility towards the share holders with some other benefit it aims to provide where the share holders aren't the (only) beneficiaries.