A Quote by Peter Barnes on triple bottom line, shareholders, business, capitalism, profit, and corporation

It is possible for a company to pursue multiple bottom lines if it’s closely held by a group of like-minded shareholders--that was the case at my former company, Working Assets. But once a corporation goes public--that is, sells stock to strangers—the die is pretty much cast. Strangers want a stock that will rise when they plunk down their money, and profit is the sure path to doing that. It’s just a matter of time, then, until the profit-maximizing algorithm kicks in.

Peter Barnes

Source: Capitalism 3.0: A Guide to Reclaiming the Commons (BK Currents), Pages: 53-54

Contributed by: ~C4Chaos