this post was submitted on 20 Aug 2025
1105 points (97.5% liked)

Programmer Humor

25974 readers
262 users here now

Welcome to Programmer Humor!

This is a place where you can post jokes, memes, humor, etc. related to programming!

For sharing awful code theres also Programming Horror.

Rules

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] baronofclubs@lemmy.world 13 points 1 week ago (1 children)

At least in the US, companies have a legal fiduciary duty to protect their investors interests above all else.

[โ€“] infinitesunrise@slrpnk.net 2 points 5 days ago* (last edited 5 days ago)

A change made through court cases in the mid-century. Basically the result of a neoliberal ideological campaign that first normalized the feduciary duty concept in the business world before forcing it on board rooms through the justice system. Before that, boards of companies could make decisions on ethical grounds and not just fiscal grounds. Today, that precedent has transformed boardrooms into terrifying financial automatons.