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By Cory Doctorow (GPG 0xBF3D9110957E5F4C)
doctorow.pluralistic.net
did:web:pluralistic.net
Friedman wasn't merely arguing that this would give rise to better companies - the crux of his argument was that by adopting this "fiduciary duty" standard, it would be easy to determine whether a company was being well-managed or run into the ground:
https://pluralistic.net/2024/09/18/falsifiability/#figleaves-not-rubrics
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2026-06-13T19:32:46.950Z