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Amazon partners with China's propaganda arm.

ChristineM

"Be strong", I whispered to my coffee.
Premium Member
Business is business and while conservativism rules money will always beat values.
 

Suave

Simulated character
Special Report: Amazon partnered with China propaganda arm

Shows where Amazon's values lay and its obviously with money.

Begs the question weither values or money should top any corporate mission statement.

As an Amazon shareholder, I have no qualms with Amazon.com simply following the Chinese government's edict that Amazon must disable any customer ratings and reviews on its Chinese website regarding President Xi Jinping's speeches and writings.
 

Kooky

Freedom from Sanity
Shows where Amazon's values lay and its obviously with money.
Did that come as a surprise to you?

Begs the question weither values or money should top any corporate mission statement.
Corporations are literally required by law to pursue profits, and would open themselves up to liability if they didn't.

What you are suggesting is eliminating the profit motive from capitalist market economies.

Business is business and while conservativism rules money will always beat values.
It's not just conservativism, literally any ideology will produce a similar effect under a capitalist system of economics.
 

Suave

Simulated character
Did that come as a surprise to you?


Corporations are literally required by law to pursue profits, and would open themselves up to liability if they didn't.

What you are suggesting is eliminating the profit motive from capitalist market economies.


It's not just conservativism, literally any ideology will produce a similar effect under a capitalist system of economics.
By God Kooky, you are correct, Amazon best ought to be maximizing profits in order to enable us shareholders to get the maximum possible returns on our investments. By the way, China is a potentially enormous market for Amazon. Hence, as an Amazon shareholder, I do expect the utmost cooperation between Amazon and the Chinese regulators of businesses.
 

Suave

Simulated character
I wonder who made that law?
The board of directors and CEO have a fiduciary duty to us shareholders. Corporate board of directors and CEOs also have a duty of care, loyalty, and disclosure to us shareholders.

I'm guessing the earliest fiduciary duties became legal responsibilities in Hammurabi's Code from 1790 BC. Rules of agency,, in Hammurabi’s laws, developed along with commerce in Ancient Mesopotamia.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
The board of directors and CEO have a fiduciary duty to us shareholders. Corporate board of directors and CEOs also have a duty of care, loyalty, and disclosure to us shareholders.

I'm guessing the earliest fiduciary duties became legal responsibilities in Hammurabi's Code from 1790 BC. Rules of agency,, in Hammurabi’s laws, developed along with commerce in Ancient Mesopotamia.
Shouldn't it be to maintain a reasonable effort to profit, and not making a profit at all and any cost at detriment?
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
The board of directors and CEO have a fiduciary duty to us shareholders. Corporate board of directors and CEOs also have a duty of care, loyalty, and disclosure to us shareholders.

I'm guessing the earliest fiduciary duties became legal responsibilities in Hammurabi's Code from 1790 BC. Rules of agency,, in Hammurabi’s laws, developed along with commerce in Ancient Mesopotamia.
I was aware of that in general, but not to the point it has gone to such an extreme that it's actually become incredibly destructive and parasitic.
 
Original title : Amazon partners with China's propaganda arm

Corrected Title: All American business partner with China's propaganda arm because money
 

Kooky

Freedom from Sanity
I was aware of that in general, but not to the point it has gone to such an extreme that it's actually become incredibly destructive and parasitic.
Because you were not informed of the kind of destruction corporations have waged since the days of their inception (and even before - some of the early charter companies, the predecessors of modern corporations, were responsible for literal genocide).
 

Kooky

Freedom from Sanity
Original title : Amazon partners with China's propaganda arm

Corrected Title: All American business partner with China's propaganda arm because money
Well, not literally all of them. Some don't have substantial business with China, so taking an anti-China stance is easy PR for them that makes them look good in the eye of Western audiences.

For example, Google has been milking their official retreat from China for the sake of PR for many years now, and originally tried to use that to position themselves as pro-human rights in spite of all evidence to the contrary.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
Because you were not informed of the kind of destruction corporations have waged since the days of their inception (and even before - some of the early charter companies, the predecessors of modern corporations, were responsible for literal genocide).
No. It wasnt as bad as it has gotten now.

The historical exceptions of course could be the robber barons and their railroads.
 

Kooky

Freedom from Sanity
No. It wasnt as bad as it has gotten now.

The historical exceptions of course could be the robber barons and their railroads.
Yes it was. You were blind to it because you enjoyed your privilege, and because there was no involvement by evil oriental communists and Mexicans.
 
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