That’s generally false. But even if it’s true, all the boss has to do is argue that medium-term profits will be generated by whatever policy they want to adopt. Since nobody knows the future, they might be right, and they’re legally rock solid.
In other words, the duty to increase value produces unfalsifiable policy claims. So it is meaningless.
It has to be there, because politics is connected with lawmaking, and open source software is dependent on laws.
A lot of people like to say that politics isn’t in their life or that they keep politics out of their life, but the reality is that’s just not true. The rules that govern society affect you, always, either with or without your input, either with or without your acknowledgment.
You’re probably trying to say that we should keep pointless politicking out of open source software, and I agree, but that’s going to come down to personal definitions of pointlessness.