Comment Re:Then they preach to the world about capitalism (Score 1) 306
It was pretty bad in 1880. Then society stepped hard on businesses and showed them it wasn't going to accept that behavior. And companies mostly behaved until 1980.
In 1980 the new mantra of "a business's only duty is to it's share holders. it has no obligation or responsibility to benefit the rest of society. Indeed, if it would harm the shareholders to benefit society then it's wrong. And if harming society would benefit the shareholders, then it's right."
Like most things- there's a reasonable point in there. But it's been taken to an extreme I think it's just a matter of time til the governments get pissed off and do something about it (as they have for centuries).