{"id":74461,"date":"2020-06-10T01:31:47","date_gmt":"2020-06-10T05:31:47","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=74461"},"modified":"2020-06-12T01:33:21","modified_gmt":"2020-06-12T05:33:21","slug":"long-time-hedge-fund-manager-says-companies-can-no-longer-exist-just-to-maximize-profits","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2020\/long-time-hedge-fund-manager-says-companies-can-no-longer-exist-just-to-maximize-profits.html","title":{"rendered":"Long Time Hedge Fund Manager says companies can no longer exist just to maximize profits"},"content":{"rendered":"<p>(CNBC) Longtime hedge fund manager Paul Tudor Jones on Wednesday critiqued the long-held belief that companies should exist for the sole purpose of generating profits.He blasted that view as \u201cvery narrow, myopic and transactional\u201d and blamed that idea for helping to undermine the social changes sought throughout the 1960s.Jones said it\u2019s that philosophy that helped allow corporate boards to neglect issues of equity and ultimately undermine the stability of broader U.S. society. <\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/06\/10\/paul-tudor-jones-says-companies-can-no-longer-exist-just-to-maximize-profits.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Longtime hedge fund manager Paul Tudor Jones on Wednesday critiqued the long-held belief that companies should exist for the sole purpose of generating profits.He blasted that view as \u201cvery narrow, myopic and transactional\u201d and blamed that idea for helping [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-74461","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=74461"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74461\/revisions"}],"predecessor-version":[{"id":74462,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74461\/revisions\/74462"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=74461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=74461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=74461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}