By the way, why suddenly the money=bad sentiment is so popular? I thought USSR example loudly showed us what happens when people think that money is evil.
Good lord. There's so much wrong with this statement that I doubt I can meaningfully respond to it. I'll try, though.
If we have to reduce measures of usefulness to a single metric, then why not percentage of users who respond favorably?
I daresay that people find air quite useful, and for the most part, air is free.
"Users" are too short-sighted to invest in major spending categories. Only the countries who can reasonably push their population towards long-term investments still exist.
We in our company don't do anything unethical nor unlawful, but love money very much, and are very glad other people find our work useful.
PS: Just remembered that many people who respect the Bible, for example members of The Church of Jesus Christ of Latter-day Saints, don't have any problems with money.
Kinds. All Kinds.
See also: crapification; financialization; parasitic private equity
I can't speak for HN, but I imagine some readers are more interested in the benefits of cool technology beyond putting more money in the pockets of investors and management.
I grew up in USSR and saw with my own eyes what happens when personal profit is not the #1 focus.
Yes, _commercial_ companies should also focus on everything else as well, but profit must be #1. And the society steer the businesses towards good things by implementing laws that businesses must follow.
Commercial corporations _exists_ to make money to shareholders. It's written in laws and company bylaws. That's exactly what society decided commercial companies should do. If a _commercial_ company puts something else before profits -- it can be sued by shareholders (lawsuits follow laws, aka boundaries put by society).
And by the way, we already have framework to do your idea: companies can register as "non-profit" or "public benefit". So your suggestion is easily implemented today by forbidding commercial companies and only allowing non-profits or public benefit.
If instead you have a small number of monopolies with legislative capture, then you need them to be virtuous.