Whirlpool, a Good Corporation

So many times I have railed against corporations and their masters. So many times.

I could rail every day, if I wanted to. Sometimes I could rail twice a day.

Why? Simple. Because corporations are, by definition, amoral. They are governed by one motive only: making a profit.

I wrote “making a profit” without pejorative. That’s the point of business, isn’t it? It isn’t by itself unethical. But in seeking profit, a company is more or less bound to look for holes in government regulations, or to attempt to buy politicians’ promise to dismantle the regulations entirely.

No corporation is bound by ethical rules to do good for humanity.

So when a corporation does something good for humanity, without being forced into it by lawsuits or government, I who rail must rave.

And so I will, about Whirlpool. Read this story I picked up from DailyKos which picked it up from The Atlantic’s CityLab, and then–if you’re an investor and want to support a Good Corporation (and one which, by the way, offers a nice dividend to shareholders)–get into whatever research function your brokerage company provides, and look up WHR. As of yesterday, it was selling at around $182.

(By the way, this is how we 99 percenters can exploit Wall Street: with very little money, any of us can set up a brokerage account and buy a few shares of a company we want to support, like Whirlpool, or a company we want to challenge. Want even more clout? Gather a like-minded group of friends and set up an investment unit. Fight Wall Street by infiltrating it.)

Here’s the story about Whirlpool: Source, DailyKos: St. Louis school sees 90% of their students’ attendance increase because of washing machines

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