I gotta push back on that a little I think. I haven’t seen businesses partner based on shared values in situations where doing so would LOSE them money or even just break them even in the long term. Granted, having similar values can make partnerships more appealing but that only stretches as far as the market incentive lets it.
Basically anytime I see a business doing something that I don’t immediately understand I ask myself “How could this make them more money?” or even more importantly “Why might they THINK that this move will make them more money?” and typically that answers the question.
I don’t know what your line of work is but consider a few things that are pretty common practices: background checks, drug screenings, sexual harassment training, safety training. These all might seem to be “value” based but none of them actually are.
Background checks and drug screenings lower insurance premiums. Insurance companies offer these lower premiums because data they have collected indicates that they pay out fewer claims when they are in place. Neither the business nor even the insurance company create these procedures based on any value other than their ability to make money.
Sexual harassment trainings reduce the company’s potential liability in the event of a lawsuit. It isn’t even about the training itself; it’s about generating the documentation necessary to avoid a hostile workplace claim, because if they can show that they administered these trainings then they’re off the hook if an employee goes against them.
Safety trainings similarly reduce liability in the event of a lawsuit and reduce insurance premiums. It also pays to not have workers injuring themselves because injuries reduce productivity, so I guess that comes close to being a “value” but at the end of the day it’s only a value in so far as it helps a company’s bottom line.
I just feel like an economic system like ours only incentivizes profit, and to whatever degree other values are incentivized this only matters if whatever that value is happens to align with the existing profit value.
I can dig this too. In general - yes business practices are, by definition, practices that improve business - ie, that make more money.
But I've seen lots of business practices that don't increase the bottom line. DEI initiatives (I'm black and don't say this from any racist anti-diversity mindset) often lose a company money but improve their social image, which you can argue might lead to more money but often, if you look at analyses of it, they don't actually do that.
But in the case of Dana, he is a hothead who will do things that lose the company money if he sleeps better at night due to it, within reason. I can't imagine pulling out Peleton bikes and replacing them with another brand can possibly make much of a blip on their bottom line, overall, at year end. It's a one time cost, and I imagine they sold off the stock they liberated and lost a negligible amount of money for a company like that.
What I can't see is Dana NOT reacting to a company's politics when they go directly against his. They only went public recently. His whole history is steeped in mob style business, where the view of the top guy is VERY important, and more important than money. Even with the mob, everything comes down to money EXCEPT when it crosses lines of preference or respect.
Big personalities and egos abound in mob style business and waste is a byproduct - they are not known for maximizing earning potential or even profit. They are known for finding new and novel ways to extract new streams of profit more than they are for maximizing efficiency in any given profit stream.
And when it comes to right wing or conservative businessmen, almost all of them would put conservative ideals before the dollar. Even a good number of liberal businesses put liberal ideals before the dollar. I don't think putting ideals before the dollar is strange in partnerships. If Brietbart (sp?) wanted to advertise in the Washington Post, I doubt there is any amount of money they could offer to seal the deal. Sometimes ideals are put before the dollar in business.
But I do agree with your overall point that IN GENERAL businesses put the almighty dollar first. Nothing is universal and this isn't either, but as a general business practice, yes, bottom line is pretty damned central to the venture!