The pathology of corporations.

Economic rationalism means that this is a single bottom line economy. “Corporate ethics”, “environmental sustainability”, “social responsibility” etc usually affect that single bottom line adversely. They are all cost activities, not income producing activities, and in any business model you minimise costs and maximise income. It is much cheaper to solve problems of ethics and sustainability with spin than it is to try and actually do something tangible.

Remember that income – costs = profit, and executive bonuses are based on profit or on increases in shareholder value or share price (which are usually based on reported profits).

(From a netfriend)

Related Articles:

• Greece: can you believe this/them?
• Syria February 2012: Two Perspectives
• EGYPT: THE GROSS INSECURITY OF THE DHIMMI
• Female Circumcision in the Maldives, the Islamic Movement and Islamophobia
• Australia Day message

This work, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 2.5 Australia License.