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  1. Embed this notice
    Kris Nóva (nova@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:05:40 JST Kris Nóva Kris Nóva

    What's your take on corporations?

    In conversation Tuesday, 06-Dec-2022 09:05:40 JST from hachyderm.io permalink
    • Embed this notice
      Garvin :verified: (bomdia@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:07:24 JST Garvin :verified: Garvin :verified:
      in reply to

      @nova ?

      In conversation Tuesday, 06-Dec-2022 09:07:24 JST permalink
    • Embed this notice
      Dave Swersky (dswersky@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:09:41 JST Dave Swersky Dave Swersky
      in reply to

      @nova Inherently amoral, with the right tactics their interests can be made to align with individual humans

      In conversation Tuesday, 06-Dec-2022 09:09:41 JST permalink
    • Embed this notice
      Andrew Moscardino (amoscardino@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:10:05 JST Andrew Moscardino Andrew Moscardino
      in reply to

      @nova annoyingly necessary thus they need to be regulated (a lot)

      In conversation Tuesday, 06-Dec-2022 09:10:05 JST permalink
    • Embed this notice
      Essjay ?️‍? (essjaykeys@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:11:31 JST Essjay ?️‍? Essjay ?️‍?
      in reply to

      @nova

      As always, the answer is -
      "It depends ..."

      In conversation Tuesday, 06-Dec-2022 09:11:31 JST permalink
    • Embed this notice
      Michael Fisher (mjf_pro@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:12:34 JST Michael Fisher Michael Fisher
      in reply to

      @nova It’s complicated and honestly I’m conflicted. They separate accountability from the people who are doing the acting, often leaving the public sector to clean up the mess while pocketing the profits for themselves. At the same time….we also live in the world we live in, and they’re a fact of life in this world. To the extent that you’d need one to legitimize a charity, for example, you don’t have other options and you put the charity at a financial disadvantage by not using it.

      In conversation Tuesday, 06-Dec-2022 09:12:34 JST permalink
    • Embed this notice
      Blake Garner (trode@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:13:45 JST Blake Garner Blake Garner
      in reply to

      @nova They are not people

      In conversation Tuesday, 06-Dec-2022 09:13:45 JST permalink
    • Embed this notice
      Ian Coldwater 📦💥 (ian@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:14:07 JST Ian Coldwater 📦💥 Ian Coldwater 📦💥
      in reply to

      @nova https://m.youtube.com/watch?v=tI87_X52wmk

      In conversation Tuesday, 06-Dec-2022 09:14:07 JST permalink

      Attachments

      1. What's Yr Take On Cassavetes
        from MrsJimmyFranco87
        What's Yr Take On Cassavetes taken from Le Tigre's self titled album.
    • Embed this notice
      Morten Toudahl :verified: (mortentoudahl@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:16:36 JST Morten Toudahl :verified: Morten Toudahl :verified:
      in reply to

      @nova the bigger the badder. Their goal of generating income does not align with sustainability

      In conversation Tuesday, 06-Dec-2022 09:16:36 JST permalink
    • Embed this notice
      Jamey (He/Him) ?? (jameydev@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:17:18 JST Jamey (He/Him) ?? Jamey (He/Him) ??
      in reply to

      @nova corporations could be run more equitably if we oh I don't know, taxed the ultra rich executives and raised wages for the lowest level workers.

      In conversation Tuesday, 06-Dec-2022 09:17:18 JST permalink
    • Embed this notice
      Davin Taddeo (tdarwin@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:19:08 JST Davin Taddeo Davin Taddeo
      in reply to

      @nova A corporation is a morally neutral for-profit business organization. By definition it is not inherently bad or good. It allows for shared ownership of a business organization while limiting some level of personal liability for the collective actions of an organization.

      I believe that corps are provided too much limitation of liability, and increased profitability is prioritized over the good of anything. But this is an issue of law, and not really a function of being a corporation.

      In conversation Tuesday, 06-Dec-2022 09:19:08 JST permalink
    • Embed this notice
      pyromechanical (pyro@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:19:15 JST pyromechanical pyromechanical
      in reply to

      @nova that they're incapable of anything other than a net harm to the world.

      In conversation Tuesday, 06-Dec-2022 09:19:15 JST permalink
    • Embed this notice
      Braydon Kains | RageCage (ragecage64@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:19:22 JST Braydon Kains | RageCage Braydon Kains | RageCage
      in reply to

      @nova As a unit they are motivated by profit and growth, which has been shown time and time again to lead to anti-consumer and anti-citizen decisions. They are only held back by individuals at the core, who think they are doing the right thing working through a profit motivated medium.

      In conversation Tuesday, 06-Dec-2022 09:19:22 JST permalink
    • Embed this notice
      Katie (katiejk@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:22:03 JST Katie Katie
      in reply to

      @nova They're fine in theory. Congress grants protection from personal liability, in return they presumably create something of value for society.

      But we've forgotten this.

      We've forgotten that the people are the source of the Congress' and therefore corporations power.

      You see it when someone is complaining about something in particular being suboptimal, and someone replies, "Well, you know. It makes more money." And everyone glumly agrees.

      Nobody stops to think, So what?

      In conversation Tuesday, 06-Dec-2022 09:22:03 JST permalink
    • Embed this notice
      Paul Cantrell (inthehands@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:22:22 JST Paul Cantrell Paul Cantrell
      in reply to

      @nova 1. Amoral by nature (as opposed to immoral, though individuals in charge often are).

      2. Too easy to anthropomorphize. Like countries, we too carelessly think of them as having minds and emotions (“FooCorp wants…,” “FooCorp hates…”) when they are (1) emergent systems, not living beings, and (2) composed of many distinct individuals.

      3. When trying to understand them, start with Hanlon’s razor.

      In conversation Tuesday, 06-Dec-2022 09:22:22 JST permalink
    • Embed this notice
      Amy Toebeans (renice@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:23:33 JST Amy Toebeans Amy Toebeans
      in reply to

      @nova in theory, we need something like them to build big & ambitious things. In practice, in this colonial-capitalist system, they grow uncontrolled, and cause adverse effects on the systems they exist inside

      In conversation Tuesday, 06-Dec-2022 09:23:33 JST permalink
    • Embed this notice
      Adam Kaplan ??? (adambkaplan@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:25:23 JST Adam Kaplan ??? Adam Kaplan ???
      in reply to

      @nova my spicy take is that the LLC was a tremendous legal innovation. It is hard to see how big things can be built at scale in the private sector without it.

      We went astray by making “maximize shareholder value” an operational requirement of any corporation, and by taking the “corporate personhood” doctrine literally. Corporations are a means to prosperity - we must be empowered to change their rules if they cease working for the benefit of the people.

      In conversation Tuesday, 06-Dec-2022 09:25:23 JST permalink
    • Embed this notice
      Isaac ? PAX Unplugged (voidrender@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:26:31 JST Isaac ? PAX Unplugged Isaac ? PAX Unplugged
      in reply to

      @nova corporations are fine. It's the people that run them that I have a problem with.

      In conversation Tuesday, 06-Dec-2022 09:26:31 JST permalink
    • Embed this notice
      Chris P. :trek_ds9_sisko:#1️⃣ (b4ux1t3@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:28:07 JST Chris P. :trek_ds9_sisko:#1️⃣ Chris P. :trek_ds9_sisko:#1️⃣
      in reply to

      @nova there's nothing wrong with corporations as a concept, there is a massive problem with how certain laws and societal norms are structured that shapes their incentives.

      In conversation Tuesday, 06-Dec-2022 09:28:07 JST permalink
    • Embed this notice
      Jeff ♨️ Darcy (obdurodon@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:28:17 JST Jeff ♨️ Darcy Jeff ♨️ Darcy
      in reply to

      @nova Corporations as they exist today are the enemy of free markets (and humans). Limited liability should not be given away for free. Corporations operating under time-limited revocable charters, barred from political participation in their own right, might be OK, but we've come a long (bad) way from that.

      In conversation Tuesday, 06-Dec-2022 09:28:17 JST permalink
    • Embed this notice
      Alan Martello (amart@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:29:52 JST Alan Martello Alan Martello
      in reply to

      @nova corporations come in various flavors and sizes

      large public corporations: pretend to operate "for the benefit of shareholders" but really operate "for the benefit of the senior executives" - rarely (like never) operate for the benefit of the public

      small private corporations: more of a mixed bag; executives are more accountable to owners, but again rarely consider public benefit in decisions

      benefit corporation: ? ?
      https://en.wikipedia.org/wiki/Benefit_corporation

      In conversation Tuesday, 06-Dec-2022 09:29:52 JST permalink

      Attachments

      1. Domain not in remote thumbnail source whitelist: upload.wikimedia.org
        Benefit corporation
        In the United States, a benefit corporation (or in several jurisdictions including Delaware, a public-benefit corporation or PBC) is a type of for-profit corporate entity, authorized by 35 U.S. states and the District of Columbia, that includes positive impact on society, workers, the community and the environment in addition to profit as its legally defined goals, in that the definition of "best interest of the corporation" is specified to include those impacts. Laws concerning conventional corporations (referred to as "C corporations" by the IRS) typically do not specify the definition of "best interest of the corporation", which has led to the interpretation that increasing shareholder value (profits and/or share price) is the only overarching or compelling interest of a corporation. Benefit corporations may not differ much from traditional C corporations. A C corporation may change to a B corporation merely by stating in its approved corporate bylaws that it is a benefit corporation; however in certain jurisdictions (especially Delaware), the terms "public benefit corporation" or "PBC" are also required to be in the legal...
    • Embed this notice
      Jesse Cooke (jc00ke@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:30:47 JST Jesse Cooke Jesse Cooke
      in reply to

      @nova they aren't people and should not be entitled to free speech.

      In conversation Tuesday, 06-Dec-2022 09:30:47 JST permalink
    • Embed this notice
      David Cuthbert (dacut@hachyderm.io)'s status on Tuesday, 06-Dec-2022 09:40:10 JST David Cuthbert David Cuthbert
      in reply to

      @nova Well, I have a corporation (Ionosphere LLC) because, well, I'm required to for some of the contracts I support(ed). It's also a good idea, from a legal standpoint, to keep my business interests separate from my personal life ("Oops, sorry NASA, I spilled a cup of coffee on the Mars Rover. What do you mean my wife and kids are now homeless?" Instead, Ionosphere and its insurers pay out the damages).

      So, on that front, they serve a purpose. Are they ripe for abuse? Yes. Very yes.

      In conversation Tuesday, 06-Dec-2022 09:40:10 JST permalink
    • Embed this notice
      unixninja92 (unixninja92@hachyderm.io)'s status on Tuesday, 06-Dec-2022 10:29:00 JST unixninja92 unixninja92
      in reply to

      @nova corporations are far too focused on profit maximization because of the inherent interests of investors, private equity, and many c level executives. This leads to bad situations for workers, consumers, and really society as a whole. Worker owned cooperatives are a much better model that centers the workers and makes profit maximization less appealing compared to sustainability of the business and maintaining jobs.

      In conversation Tuesday, 06-Dec-2022 10:29:00 JST permalink
    • Embed this notice
      Brandon Haugen (brandonhaugen@hachyderm.io)'s status on Tuesday, 06-Dec-2022 10:37:19 JST Brandon Haugen Brandon Haugen
      in reply to

      @nova I spent the morning in a 4 hour long meeting where Product Managers are trying to adopt Jira Align to help them better organize work that “needs to be done”. The work that “needs to be done” though is more poorly defined than the process of organizing the work. I’m tired of large corporations and the bureaucracy contained within.

      In conversation Tuesday, 06-Dec-2022 10:37:19 JST permalink
    • Embed this notice
      Matt Healey (matthealey@hachyderm.io)'s status on Tuesday, 06-Dec-2022 11:01:23 JST Matt Healey Matt Healey
      in reply to

      @nova They shouldn't be treated as if they are people. They are good and bad. It depends entirely on the people running them.

      In conversation Tuesday, 06-Dec-2022 11:01:23 JST permalink
    • Embed this notice
      Matt DeKrey (mdekrey@hachyderm.io)'s status on Tuesday, 06-Dec-2022 11:20:49 JST Matt DeKrey Matt DeKrey
      in reply to

      @nova Prefer co-ops, generally speaking. Corporations are supposed to show a profit, per court rulings (as I understand them), and I generally prefer organizations (and people) have goals aside from making money.

      In conversation Tuesday, 06-Dec-2022 11:20:49 JST permalink
    • Embed this notice
      Bobsee (bobsee@hachyderm.io)'s status on Tuesday, 06-Dec-2022 11:36:29 JST Bobsee Bobsee
      in reply to

      @nova My take is that corporations take, from employees and consumers, and take, and take.

      In conversation Tuesday, 06-Dec-2022 11:36:29 JST permalink
    • Embed this notice
      Vlad_is_dev (vald@hachyderm.io)'s status on Tuesday, 06-Dec-2022 11:50:28 JST Vlad_is_dev Vlad_is_dev
      in reply to

      @nova EVIL

      In conversation Tuesday, 06-Dec-2022 11:50:28 JST permalink
    • Embed this notice
      Ludwig ?️‍? :ferris_chomp: (aloso@hachyderm.io)'s status on Tuesday, 06-Dec-2022 12:00:32 JST Ludwig ?️‍? :ferris_chomp: Ludwig ?️‍? :ferris_chomp:
      in reply to

      @nova our capitalist system often rewards corporations that disregard ethical standards and punishes those that try to do better. I don't think corporations are evil by necessity, but since evil corporations often drive less evil competitors out of the market, it's very hard to find decent corporations.

      I think Mozilla is a good example. Because the Mozilla corp is owned by a non-profit, they didn't have to sell their soul so far, but they are under huge pressure due to Chrome's competition.

      In conversation Tuesday, 06-Dec-2022 12:00:32 JST permalink
    • Embed this notice
      krisz (krisz@hachyderm.io)'s status on Tuesday, 06-Dec-2022 13:56:23 JST krisz krisz
      in reply to

      @nova This made me think of the Corporation for Public Broadcasting which is a very weird bird in the landscape of corporations since it's board is appointed by presidents, and it's a nonprofit.

      Though I believe that trouble brews whenever you get enough ambitious people together, ideally I'd probably be co-op kinda guy if I could get away with it. Like many, I'm stuck in the system of the day, and occasionally have to hold my nose.

      #CREAM

      In conversation Tuesday, 06-Dec-2022 13:56:23 JST permalink
    • Embed this notice
      Kaleb Haugen :antiverified: (kaleb_haugen@hachyderm.io)'s status on Tuesday, 06-Dec-2022 14:18:24 JST Kaleb Haugen :antiverified: Kaleb Haugen :antiverified:
      in reply to

      @nova corporations are just groups of people acting as one…and getting tons of special treatment that individuals do not get. i find the most compelling group organization model to be cooperatives.

      In conversation Tuesday, 06-Dec-2022 14:18:24 JST permalink
    • Embed this notice
      Kaleb Haugen :antiverified: (kaleb_haugen@hachyderm.io)'s status on Tuesday, 06-Dec-2022 14:24:23 JST Kaleb Haugen :antiverified: Kaleb Haugen :antiverified:
      in reply to

      @nova one of the few things #MurrayRothbard got right is that “there are no such things as ends of or actions by 'groups,' 'collectives,' or 'States,' which do not take place as actions by various specific individuals.” Corporations simply shield individuals from accountability.

      In conversation Tuesday, 06-Dec-2022 14:24:23 JST permalink
    • Embed this notice
      ed atrero (edatrero@hachyderm.io)'s status on Tuesday, 06-Dec-2022 15:30:12 JST ed atrero ed atrero
      in reply to

      @nova OP

      In conversation Tuesday, 06-Dec-2022 15:30:12 JST permalink
    • Embed this notice
      Hazardius 🡗🡗🡗 🏳️‍🌈🏳️‍⚧️ (hazardius@hachyderm.io)'s status on Tuesday, 06-Dec-2022 16:07:49 JST Hazardius 🡗🡗🡗 🏳️‍🌈🏳️‍⚧️ Hazardius 🡗🡗🡗 🏳️‍🌈🏳️‍⚧️
      in reply to

      @nova Not a fan. And IMHO, they can and should be able to handle their own fedi instances. The same goes for political parties.

      In conversation Tuesday, 06-Dec-2022 16:07:49 JST permalink
    • Embed this notice
      (Beh-kuh)??⌨️ (beka@hachyderm.io)'s status on Tuesday, 06-Dec-2022 21:01:45 JST (Beh-kuh)??⌨️ (Beh-kuh)??⌨️
      in reply to

      @nova have never bounced my paycheck 10/10 for that.

      The compassion and humanity has been wrung out of them by law so That Isn’t Great

      I like to think there space to imagine something between a corporation as we know them now and a non-profit.

      In conversation Tuesday, 06-Dec-2022 21:01:45 JST permalink
    • Embed this notice
      Tony (adsouza@hachyderm.io)'s status on Tuesday, 06-Dec-2022 22:14:54 JST Tony Tony
      in reply to

      @nova I think Ron Coase provided the best understanding of the utility provided by firms. Are you drawing a distinction between the corporation as a specific form of firm and other forms?

      In conversation Tuesday, 06-Dec-2022 22:14:54 JST permalink
    • Embed this notice
      Mardo (mardo@hachyderm.io)'s status on Wednesday, 07-Dec-2022 02:46:55 JST Mardo Mardo
      in reply to

      @nova If corporations weren't the answer everyone would have a non-profit.

      In conversation Wednesday, 07-Dec-2022 02:46:55 JST permalink

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