> just that it seems this unethical behavior is the expected outcome giving the incentives, so maybe the incentives need to be reworked.
Also culture. I'm not saying things were perfect in the past, but introduction of the "Friedman doctrine" (https://en.wikipedia.org/wiki/Friedman_doctrine) to business culture probably made things much worse:
> The Friedman doctrine, also called shareholder theory, is a normative theory of business ethics advanced by economist Milton Friedman that holds that the social responsibility of business is to increase its profits.[1] This shareholder primacy approach views shareholders as the economic engine of the organization and the only group to which the firm is socially responsible.
> ...
> The Friedman doctrine has been very influential in the corporate world from the 1980s to the 2000s
> ...
> In Capitalism and Freedom, Friedman had argued that when companies concern themselves with the community rather than profit it leads to corporatism,[6] consistent with his statement in the first paragraph of the 1970 essay that "businessmen" with a social conscience "are unwitting puppets of the intellectual forces that have been undermining the basis of a free society".[2]
> ...
> Shareholder theory has had a significant impact in the corporate world.[8] In 2016, The Economist called shareholder theory "the biggest idea in business", stating "today shareholder value rules business".[9] In 2017, Harvard Business School professors Joseph L. Bower and Lynn S. Paine stated that maximizing shareholder value "is now pervasive in the financial community and much of the business world. It has led to a set of behaviors by many actors on a wide range of topics, from performance measurement and executive compensation to shareholder rights, the role of directors, and corporate responsibility."[7]
> ...
> The Friedman doctrine is controversial,[1] with critics variously saying it is wrong on financial, economic, legal, social, or moral grounds.[14][15]
> It has been criticized by proponents of the stakeholder theory, who believe the Friedman doctrine is inconsistent with the idea of corporate social responsibility to a variety of stakeholders.[16] They argue it is morally imperative that a business takes into account all of the people who are affected by its decisions.