Second this and adding:
Fiduciary responsibility and how US economic law places it above all else. Other jurisdictions, particularly in Europe, require companies to balance multiple responsibilities, such as towards their workforce, societal, ecological, and yes, fiduciary, too. It doesn’t solve all issues and can be vague AF, but at least well-meaning CEOs can fall back to these other corporate responsibilities in court while the same CEO would be sued into oblivion by US shareholders.
I am so disappointed in Reddit. Never going back. Why does every fun digital playground have to turn to shit eventually.
Shareholders, my guy, it’s always external shareholders (and a central point of hosting).
At least the fediverse doesn’t have that issue (and never will).
Second this and adding: Fiduciary responsibility and how US economic law places it above all else. Other jurisdictions, particularly in Europe, require companies to balance multiple responsibilities, such as towards their workforce, societal, ecological, and yes, fiduciary, too. It doesn’t solve all issues and can be vague AF, but at least well-meaning CEOs can fall back to these other corporate responsibilities in court while the same CEO would be sued into oblivion by US shareholders.