I hate to break it to you, but "stakeholder theory" has been the norm across all business schools, this problem being worse the more "elite" the school, since at least the early 2000s.
You and sense and reason may agree, but literally everyone who moves the world has an opposing opinion.
It was always a a bastardized noblesse oblige to push propaganda and create community reliance on the corporations. Corporations realized they could pump toxins, trans kids, or do whatever they wanted if they controlled the local government. “Effective altruism” is the same concept but even more insidious.
It makes sense & would work in a civilized society. The Blue Cities are NOT civilized any longer.
It wasn't even an issue years ago: you hired local kids for their first job if you could. No one needed laws to make them do it. The locals knew friends & relatives who worked there & were grateful.
Fun fact: years back? A Native Tribe opened an "urban reserve" (bullshit) in Saskatoon Saskatchewan. Mostly housing but with a gas station as the main money-maker. Despite having large numbers of nearby unemployed Natives? They ended up with half the staff being White. White kids would ride the bus for 30+ minutes to get to work, but Native kids couldn't be bothered to walk 10 minutes to get a job.
This was long before the Jeet invasion, of course.
It's a bad idea even (especially) in a society that is civilized and functioning. The whole philosophy leads to people ignoring their own purview and coming up with other stuff to do that is supposed to be other peoples' purview. The net result is chaos and decay.
Best-case scenario, that's horribly inefficient to the degree that it can lead to cascade failure, as things that previously could be assumed to be managed attentively, simply aren't, because the curators are off chasing stuff they'd rather be thinking about, easier stuff.
Worst-case scenario (<-- you are here) it's a dodge for the incompetent, Peter-Principled, nepotistic, DEI, women, and other assorted goblins, to not even pretend to diligently shepherd the things under their care, and instead spend their time Praying in Public, touting their own virtue from the rooftops, while looting everything they can get their hands on, and participating in widespread faux-moral mania.
Whether "stakeholder theory" is the chicken or the egg, it's everything gone wrong with human civilization today. It's the longhouse, it's the amoral elite, it's the captured, corrupted political leadership, it's mouse utopia, it's feminism and race communism, it's the open door that the juden use to elevate their own and fuck things for everyone else. It's everyone faffing about, stealing what's not nailed down, while everything rots.
It's a bad idea even (especially) in a society that is civilized and functioning. The whole philosophy leads to people ignoring their own purview and coming up with other stuff to do that is supposed to be other peoples' purview. The net result is chaos and decay.
The moderate form of stakeholder theory is "don't exploit your customers and employees," which is good. The problem is that irrational people don't have the boundaries to interpret that responsibly.
I hate to break it to you, but "stakeholder theory" has been the norm across all business schools, this problem being worse the more "elite" the school, since at least the early 2000s.
You and sense and reason may agree, but literally everyone who moves the world has an opposing opinion.
It was always a a bastardized noblesse oblige to push propaganda and create community reliance on the corporations. Corporations realized they could pump toxins, trans kids, or do whatever they wanted if they controlled the local government. “Effective altruism” is the same concept but even more insidious.
It makes sense & would work in a civilized society. The Blue Cities are NOT civilized any longer.
It wasn't even an issue years ago: you hired local kids for their first job if you could. No one needed laws to make them do it. The locals knew friends & relatives who worked there & were grateful.
Fun fact: years back? A Native Tribe opened an "urban reserve" (bullshit) in Saskatoon Saskatchewan. Mostly housing but with a gas station as the main money-maker. Despite having large numbers of nearby unemployed Natives? They ended up with half the staff being White. White kids would ride the bus for 30+ minutes to get to work, but Native kids couldn't be bothered to walk 10 minutes to get a job.
This was long before the Jeet invasion, of course.
It's a bad idea even (especially) in a society that is civilized and functioning. The whole philosophy leads to people ignoring their own purview and coming up with other stuff to do that is supposed to be other peoples' purview. The net result is chaos and decay.
Best-case scenario, that's horribly inefficient to the degree that it can lead to cascade failure, as things that previously could be assumed to be managed attentively, simply aren't, because the curators are off chasing stuff they'd rather be thinking about, easier stuff.
Worst-case scenario (<-- you are here) it's a dodge for the incompetent, Peter-Principled, nepotistic, DEI, women, and other assorted goblins, to not even pretend to diligently shepherd the things under their care, and instead spend their time Praying in Public, touting their own virtue from the rooftops, while looting everything they can get their hands on, and participating in widespread faux-moral mania.
Whether "stakeholder theory" is the chicken or the egg, it's everything gone wrong with human civilization today. It's the longhouse, it's the amoral elite, it's the captured, corrupted political leadership, it's mouse utopia, it's feminism and race communism, it's the open door that the juden use to elevate their own and fuck things for everyone else. It's everyone faffing about, stealing what's not nailed down, while everything rots.
The moderate form of stakeholder theory is "don't exploit your customers and employees," which is good. The problem is that irrational people don't have the boundaries to interpret that responsibly.
Back in ye olde days, workers would burn the factory down and run the owner away on a train.
NYC would later form the NYPD to give factory owners protection and beat workers for getting too uppity.