Its preferred organizational form is the publicly traded limited liability corporation which institutionalizes absentee ownership and makes it possible to from public accountability. Capitalism's ideal is a borderless global economy in which money and goods can be moved freely in search of short-term maximum profits without regard to the consequence for people, communities and nature. The operation of the present capitalist system illustrates how it is dedicated to making money to the exclusion of all other interests. The responsibility of the fund managers is trading the financial assets under their administration in the global financial market and maximizing financial returns for their clients. They are rewarded exclusively on the short-term performance of the finance they manage.
Fund managers act as owners of the corporations, the shares of which they hold.
Thus, they direct the managers of the corporations to take a similarly narrow view of their responsibilities, namely, the maximization of profit. Those who fail are invited to resign or ejected by large shareholders. The point to note is that the corporations do not allow anything to get in the way of maximizing profit and they are in our time powerful enough to ensure that nothing does. Often, they engage in the destruction of the environment when they exploit mineral deposits and fishery resources and when they aggressively market toxic chemicals and dump hazardous waste. They destroy the lives of people by maintaining substandard working conditions and leaving workers permanently handicapped due to failed eyesight, destroy social life when they break up unions, beat down wages and treat workers as expendable commodities.