> You can make a profit whilst serving the public good, that’s something corporations just can’t get into their heads.
A much simpler explanation that also makes a lot more sense in my opinion, since I do believe corporations are rational (if somewhat sociopathic) actors, is that products that cater to “the public good” often simply aren’t very popular.
It’s also incredibly reductive to use a term like “the public good” with no elaboration whatsoever, as if this was some kind of axiom that we can all agree upon.
Is the public good to maximize duration of life, quality of life, multitude of choice or something else entirely? And who gets to decide?
A much simpler explanation that also makes a lot more sense in my opinion, since I do believe corporations are rational (if somewhat sociopathic) actors, is that products that cater to “the public good” often simply aren’t very popular.
It’s also incredibly reductive to use a term like “the public good” with no elaboration whatsoever, as if this was some kind of axiom that we can all agree upon.
Is the public good to maximize duration of life, quality of life, multitude of choice or something else entirely? And who gets to decide?