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386 points z991 | 1 comments | | HN request time: 0s | source
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pixl97 ◴[] No.44361760[source]
Save lives?: X

Increase safety?: X

Make more money?: YES

The USCSB makes life safer for everyone in this country, especially people that work around potentially dangerous chemicals and pressurized equipment.

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randerson ◴[] No.44361918[source]
It's always a matter of time before a facility explodes for preventable reasons and costs the company billions in property damage and lawsuits. This decision to stop learning from mistakes and spreading awareness will hurt profits in the long run, not make more money. It'll also be harder to find people willing to work around chemicals if they can't trust the safety measures.
replies(5): >>44362005 #>>44362095 #>>44362291 #>>44362358 #>>44362644 #
andrewflnr ◴[] No.44362095[source]
Funny as it sounds, the real problem (or at least one of them) is that no one cares about long run profits anymore.
replies(1): >>44362216 #
fallingknife ◴[] No.44362216[source]
Why do profits, and the stock market, continue going up then? I've heard this nonsense about corporate short termism for decades, and the long term just never seems to arrive.
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1. pixl97 ◴[] No.44369081[source]
Consolidation.

If I make short term profits off doing the wrong things I have more money to buy up my competition that incurs the cost now. By the time something bad happens there will only be a small bump down on the market.

Antitrust is important.