Dodge v. Ford is arguably the court case that proves all capitalist owned companies are legally required to not do the right thing. If Google was worker owned they would be a lot better.
Essentially, the Supreme Court ruled that Henry Ford had to operate the company in the best interests of its shareholders, not his employees. It’s an awful ruling by the Supreme Court that has never been revisited.
It’s one of a sequence of Supreme Court decisions (starting with
Dartmouth College v Woodward and culminating most recently with Citizens United) that have led us down this path of corporate dystopia. For the full background, read this:
Brother they went evil when they went publicly traded.
Dodge v. Ford is arguably the court case that proves all capitalist owned companies are legally required to not do the right thing. If Google was worker owned they would be a lot better.
Can you explain? Not familiar with this case
Essentially, the Supreme Court ruled that Henry Ford had to operate the company in the best interests of its shareholders, not his employees. It’s an awful ruling by the Supreme Court that has never been revisited.
It’s one of a sequence of Supreme Court decisions (starting with Dartmouth College v Woodward and culminating most recently with Citizens United) that have led us down this path of corporate dystopia. For the full background, read this:
https://reclaimdemocracy.org/corporate-accountability-history-corporations-us/