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.
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.