Originally Posted by HowlerKarma
It's just that the public doesn't figure into this anymore-- nor do employees. It's about the shareholders and the market now.
Businesses are run to profit their owners, but they do so (by and large) by producing efficiently what people want. That is no more problematic than workers choosing jobs and consumers choosing products to maximize their own welfare. I don't see why the pursuit of self-interest by some economic actors and not others should be criticized.