

This only strikes us plebes when we find out about it. It is common knowledge in economist circles:
https://en.wikipedia.org/wiki/Shareholder_primacy
The Social Responsibility of Business is to Increase Its Profits: a company has no social responsibility to the public or society; its only responsibility is to its shareholders https://en.wikipedia.org/wiki/Friedman_doctrine
This has only been recently challenged as a PR attempt to rebrand it into “stakeholder capitalism”
Also, not related but equally horrifying: in macroeconomics there is a target of unemployment of around 5%, aka full employment is to be avoided: https://en.wikipedia.org/wiki/NAIRU
It’s a funny story because Ford was suspecting them of building a rival car company so he wasn’t doing it entirely out of altruistic pursuits. He wanted to them to get lower profits from their Ford investments. Whenever you think capitalists have reached the peak of greed, they truly innovate.
https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.