Sewing-Machine comments on Imperfect Levers - Less Wrong
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Comments (36)
For-profit corporations, as a matter of law, have the goal of making money and their boards are subject to all sorts of legal consequences and other unpleasantnesses if they don't optimize that goal as a primary objective (unless some other goal is explicitly written into the corporate bylaws as being more important than making a profit -- and even then, there are profit requirements that must be fulfilled to avoid corporate dissolution or conversion to a non-profit -- and very few corporations have such provisions).
Translation
Corporations = powerful, intelligent entities with the primary goal of accumulating power (in the form of money).
I hear this point a lot, but I've never looked in to it. Are there any famous cases of companies being sued or prosecuted for being insufficiently evil in the pursuit of profits?