Fiduciary responsibility

Discussion in 'Questions From New Drivers' started by Littlettrucking, Aug 8, 2023.

  1. Moosetek13

    Moosetek13 Road Train Member

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    All it took was a big brain to come up with the term in question, but with too little understanding to answer it.

    As I was writing this response I realized there is a connection to a TV show - Stargate SG-1.
    Carter was the big brain that would come up with stuff like that, but it was often that the 'dumber' O'neill would have the insight to reveal the answer.
     
    Albertaflatbed Thanks this.
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  3. Ex-Trucker Alex

    Ex-Trucker Alex Road Train Member

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    I guess there are people out there that just don't realize that in general businesses exist solely for the purpose of making their investors money. Any altruistic intent is just frosting on the cake, and completely NOT required. Who give a flying fig if the employees don't make any money? As long as the investors are happy and making a profit, they don't care. And if enough people finally realize what's going on and stop being a part of it, the company just shuts down and re-opens under a different name **cough**cough**Consolidated Freight**cough**cough**.

    Yeah, we all learn in kindergarten or in Sunday school that you are supposed to help your fellow man. Unfortunately, business is predicated on exploiting your fellow man. As far as any 'fiduciary responsibility', the only responsibility they have are to those who hold stock in the company; nothing more.
     
  4. tscottme

    tscottme Road Train Member

    Business is predicated on filling an unmet need. Communist teachers want you to think helping someone is only legitimate if one gets no benefit from helping. That is not only a lie, but the countries that depend on that scheme don't help many people and their help is much less than the countries where people help themselves by helping others. There isn't sufficient food being delivered into NYC because farmers, food producers, trucking companies have an undying love of New Yorkers. They send food to NYC because people in NYC pay farmers, food producers, trucking companies to bring food to them. This idea is so well proven than even the Chinese Communist Party used it to lift hundreds of millions of destitute Chinese up from grinding poverty. It's the best way to help people and it rewards people for helping people. EVERY "fix" to the free-market causes people to be helped less often or helps less people. Those fixes are like adding weight to a race car. It doesn't matter what that added weight is supposed to do, the more weight you add to more you reduce the top speed of the car. You may decide the people left behind by the "fix" you want don't deserve help or that the feeling you get by thinking of yourself as a "good person" is worth leaving needy people without help is worth it. You go to work because you judge the hassle of the job is worth less than the pay you get, or you wouldn't go to work. You decide. Make decisions like the outcome is important to you. The business isn't your parent or guardian, nor should you want it to be your parent/guardian.
     
  5. Ex-Trucker Alex

    Ex-Trucker Alex Road Train Member

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    Pretty much spot-on, although I doubt most "communists" truly believe what they preach, nor do a lot of people in certain religions, either; it's the aspiration and the ideology they are trying to achieve. Ideologs are seldom satisfied, because the world just doesn't work the way they believe it should. You can't expect business to keep your best interests in mind any more than you can expect the government to, either. My advice to the OP is that, if you walk away from whatever "fleece lease" you've become involved with, that in the future you should research the reputation of whomever is trying to get you to sign a contract. You very well might be a lot better off just working for a paycheck, because there are a lot more legal constraints on ways that an employee can be treated.
     
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