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Comments by "" (@freesk8) on "Jordan Peterson and Vivek Ramaswamy - The Origins of the ESG Movement" video.
In 1991 I was getting an MBA, and the professors told us about Stakeholder economics. I recognized it as the thin point of a wedge that would bring Marxism to our society. Instead of the business owners running a business in order to make a profit for themselves in an ethical fashion, we were supposed to consider the employees, the neighbors, the customers and the rest of the people as "having a stake" in the business. It was a form of ownership. But this "ownership" is illegitimate. It was a way to achieve government ownership of the means of production.
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All false. Every capitalized word.
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@kennethmeeker6369 Objected in class and said that the purpose of a business was to make money for shareholders in an ethical fashion. Then the debate started about ethics...
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