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Giving away almost none of a company's profit is a social norm, and norms can change.
Drawn from what Peter Singer said
What Peter Singer actually said
- Peter Singer Australian moral philosopher
Why does giving away 10% of a successful company's profits strike many people as unusually generous, perhaps even radical, while choosing to pay virtually 100% of profits to owners and shareholders is regarded as the natural state of affairs? Because it is a norm. And norms can change.
Where this was said
↗Profit for Good: Towards a Better Capitalismboldreasoningwithpetersinger.substack.com
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Added to korrents 24 Oct 2026 · How quotes work · Something wrong? Tell us
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