> 2. The purpose of a listed business is to pay the owners, not to produce goods or services - producing goods or services is just a means through which to pay the owners.
This is true only in the simplest of world views. Let's take this idea to the real world. Let's say all food producer would say today to stop and instead start producing toilet wipes(or insert anything here) or whatever because the can make more money that way. Now suddenly we won't have any food producers tomorrow and billions will starve. Clearly food productions companies only purpose wasn't to make money for owners, it was also shockingly to keep people from starving.
over time yes. But that assumes not every producer leaves the market in a short time frame. The bounce back effect would be devastating. In fact food production is already a pretty non-profitable endeavor and yet the companies don't stop doing it.
This is true only in the simplest of world views. Let's take this idea to the real world. Let's say all food producer would say today to stop and instead start producing toilet wipes(or insert anything here) or whatever because the can make more money that way. Now suddenly we won't have any food producers tomorrow and billions will starve. Clearly food productions companies only purpose wasn't to make money for owners, it was also shockingly to keep people from starving.