Still drinkin' that '60s wine (whine?), eh?
It wasn't all that great a vintage then, and it surely hasn't aged well, what with the Reagan effect and all...
Corporations are just entities like any other, and only do what the people running them do.
If those people are crooks and slimewads, you get a crooked corporation.
OTOH, who's going to save you?
Government people like Eliot Spitzer?
60’s wine? I don’t think so. Chrap shot but I’ll still answer.
Corporations exist to make profits. Unless there is someone evil directing their activities, it’s pretty much that simple. I maintain they want to increase profits by increasing productivity, reducing costs including getting government to help them in both.
You could be right until stockholders wake up or the public realizes the scam, or the company fails. But, the purpose of the corporation has not changed. It’s true now and it’s always been true. Just read US history to see the same activity and results.