[84231] in North American Network Operators' Group
Re: OT: Yahoo- apparently now an extension of the Chinese govt secret police....
daemon@ATHENA.MIT.EDU (Michael Greb)
Thu Sep 8 10:53:42 2005
Date: Thu, 8 Sep 2005 09:53:09 -0500
From: Michael Greb <michael@thegrebs.com>
To: Simon Waters <simonw@zynet.net>
Cc: nanog@merit.edu
In-Reply-To: <1126167589.2638.TMDA@mercury.zynet.net>
Errors-To: owner-nanog@merit.edu
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On Thu, Sep 08, 2005 at 09:19:46AM +0100, Simon Waters wrote:
>=20
> On Thursday 08 Sep 2005 3:09 am, Valdis.Kletnieks@vt.edu wrote:
> >=20
> > 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?
>=20
> Moralities aren't black and white, generating profits falls behind other =
legal=20
> and moral obligations that apply to everyone.
Except, they don't in the United States corporations have a legal
obligation to put profits above all else. They are legally forbidden to
put morality above profit. These laws are severyly in need of some
adjustments.
> > Even Google, with it's "Don't Be Evil" policy
>=20
> Any influence Google's "Don't be Evil" policy had vanished the day it was=
=20
> floated AFAICT.
>=20
> Where profits are put before morals that is called greed. Sure the=20
No, that is following the law.
> stockmarkets allow people to put greedy people in charge of their money, =
but=20
> be aware what goes around, comes around.
>=20
> HG Wells referred to people investing in the stockmarket as a purely fina=
ncial=20
> endevour for short term profits as "the irresponsibly wealthy" as far bac=
k as=20
> 1902. Plus =E7a change.
Michael
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