Contrary to anecdotal opinion, the PLC (public limited company) enshrines the essential principles of collectivism and, to a certain extent, socialism. To some, the foundations of the latter may seem antithetical to the capitalist purposes of the PLC. But just as the socialist favours collective behaviour for a greater purpose, so does the mechanics of the PLC, where a number of people (investors) gather together to empower the corporate machinery.
Afterall, apparent opposites aren't really diamtetrically opposed as some would argue...
See my earlier post on this by clicking here.
1 comment:
Interesting way of framing it. But really investors of a PLC are only after one thing: profit. Socialism is really looking after the welfare of society...
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