Should The Governments Donate Money To Fund Art Museums? Should Corporations?
I’ve been studying this in my business ethics class. Is it appropriate for the government to donate millions for new art museums when there is undoubtedly other areas that could use the money? Why?
For corporations (publicly traded), they are owned by shareholders and it has been said that they should conduct their business and spend their money to maximize the benefit to shareholders. So is spending money to fund art museums appropriate? Why?
Government should protect us from threats common and domestic, run the military, federal courts, prisons, police etc. Art is not government business.
The government should not regulate corporations. They can spend their money any way that the owners(board of directors) see fit.