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I think they may be overly generalising from one kind of company to all kinds of companies


They are. Whenever anyone trots out this line it’s very clear that HN is in many ways a group of knowitall college guys sitting on beanbags and passing around the wizard bong.

Usually it’s followed by some misinterpretation of what “fiduciary responsibility” is, something about “shareholders”, and an implication that literally any software developer pulled off the streets of the Bay Area knows more about effectively running a business than literally anyone with an MBA.

Companies are organisations. Organisations are run by people. People are more than capable of acting ethically. I have never worked for an organisation that I haven’t seen do something that’s put something else ahead of the bottom line, and not in some silly CSR way. In fact, I routinely make these decisions on behalf of my employer, within the scope of my role, but these are on occasion quite material.

I’ve never been clear on how this can be reconciled with the utterly childish view that there’s some invisible hand that requires growth at all costs as soon as a “company” is involved.

It really speaks to how much of a bubble a lot of people here are in. I suppose if you paint all organisations with the same brush, it makes it easier to work for Meta or Palantir or whatever.




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