If you don't think companies bring societal value, ask yourself what the alternatives are. There were a bunch of attempts in the 20th century, however it never ended good for the population.
If you don't think companies bring societal value, ask yourself what the alternatives are. There were a bunch of attempts in the 20th century, however it never ended good for the population.
Car dealers, patent trolls, for-profit health insurers, security-theatrics firms, content-distribution conglomerates (ISPs in the US) all are exploiting regulation or lack thereof to profit at societies expense. A lot of finance industry behavior is about unproductively extracting money from other participants. (for example 401k holders)
It's my opinion we should aggressively curb all counterproductive business models, but they tend to be good at protecting themselves. They either win over the masses through PR and deceit, or use more direct corruption of regulators.