Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 20 May 2013 [View all]tclambert
(11,089 posts)Hey, they owe it to their stockholders to do WHATEVER THEY CAN to maximize profit.
I've been saying this for awhile hoping it will gain some traction somewhere. If your entire ethical inquiry comes down to "Does it make a profit?" then every horrible thing not only becomes possible but becomes a businessperson's economic duty. Lying, theft, fraud? Of course. Standard practice. Negligent homicide? Sure. Murder? It's been done. Starting wars for, say, oil? You know it. Genocide? Well, as Chief Tecumseh said, "Where today are the Pequot? Where are the Narragansett, the Mohican, the Pokanoket, and many other once powerful tribes of our people? They have vanished before the avarice and the oppression of the White Man, as snow before a summer sun."