Wesley LePatner, a Blackstone executive who served as CEO of the firm’s real estate income trust, was among four people killed Monday when a gunman opened fire in a Midtown Manhattan office building that houses Blackstone’s global headquarters.
Wesley LePatner, a Blackstone executive who served as CEO of the firm’s real estate income trust, was among four people killed Monday when a gunman opened fire in a Midtown Manhattan office building that houses Blackstone’s global headquarters.
“They are not a good company”… are there any good corporations?
Well, isn’t there a difference between a ‘company’ and a ‘corporation’, at least in how the words are perceived (corporations being those multinational giants built on exploitation)? I feel like there are plenty of good small and medium sized companies - like the one I work for is medium sized and mainly promotes and researches green technologies (to keep it vague…). Corporations always seem to have plenty of skeletons in the closet.
It’s just how the legal entity is filed. You can have a one man corporation too, but it’s going to be annoying because of all the extra reporting requirements compared to an LLC. They are meant for larger companies after all.
Yea, I thought so. That’s why I added “how the word is perceived”; when I hear the word “corporation” my first connotation is “evil”, but for the word “company” it can be literally anything
There are some that are a heck of a lot better. Oxfam, Ben & Jerries, maybe Valve; but it does seem that on a large enough timeline all of them turn to the dark side.
Regular reminder that Ben and Jerry’s are wholly owned by Unilever who definitely do some shady shit.
Ben and Jerry’s pulled put of the west bank. Uniliver make them come back there.
Presumably that’s a question of the founders, the rules and laws of the system, the state of the market and technology. For example if profit can be improved mostly by marketing, this will lead to marketing people be promoted and run the corporation. If it’s a publicly traded company it’s likely to become more like an artificial intelligence hellbent on profit (or a demonic entity incorporated into a swarm of drones).
What are the factors that make corporations like good or bad for society should be long studied and taught in high school and everybody should know them - if you’d wanted capitalism to work as advertised. It should be a major focus of our society.