Tom the Dancing Bug by Ruben Bolling for July 21, 2016
Transcript:
The day they made Murder legal. - a parable- One day, murder was legalized. We are inexplicably making murder legal, for the purposes of this parable. Most people still did not murder. Although it would be legal for me to kill you I will not - -For I ma a good person with an internalized moral code. Thank you. But there are "persons" who roam the earth that are not human - - they are made -up entities called "corporations" I run Inc.co on be half of its shareholders who have given me one directive: make profits A person running a corporation decided to murder because it would increase profits, You are inc.co's competition. BANG! Ow! You killed me! At First, people were mad at the corporation and it'd director. You're a bad entity. you committed an act which although legal is morally evil. But an explanation was at hand.... I personally would never commit murder, but in my capacity as corporate director, I had to! My fiduciary duty is to do anything with in the law to maximize profits for the corporation! It would be immoral for me not to kill! And so i was that corporation did bad things that good people would not. Aren't you glad this is just a make believe parable?
And yet it’s not their fiduciary duty to pay dividends to the stockholders instead of massive “compensation” to the CEO?