"...every conceivable action can be justified as 'maximizing value shareholder value.'

The absurdity of the "logic" of business.

On the absurdity of "maximizing shareholder value" - Boing Boing:

"Over on Crooked Timber, Daniel Davies has uncorked a hell of a rant on the fatuous absurdity of the old saw that 'corporate officers have a fiduciary duty to maximize shareholder value.' He starts off by pointing out that you could maximize the profits of the company for this quarter by, for example, firing everyone -- but that the next quarter would be pretty dismal. Then he gets into the meat of it, how every conceivable action can be justified as 'maximizing value.'"