• wildginger@lemmy.myserv.one
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    10 months ago

    Thats either because your boss privately wants to hoard wealth, or is trying to set the books up for a clean sell.

    Public means you sacrifice everything in the name of profit.

    Private means you operate on the ideals of the private owners.

    A private owner can have ideals of profit. A public company cannot have idealistic shareholders.

    • LwL@lemmy.world
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      10 months ago

      Technically public still means you act in the interests of the owners, aka shareholders (at least in germany anything else is illegal), it’s just that naturally that will always be profit for the majority.