|
For example, if morality had no bearing on corporations' actions, there would be no laws against insider trading, or price/wage fixing, monopoly abuse, etc If you look at the history of such regulations, they're typically more about protecting the assets of the rich than they are about helping anyone else. They're still somewhat rampant--just look at Google and Apple cartel behavior re: engineer hiring, or the continual monopoly abuse of Comcast and AT&T. It's only when the behavior becomes so egregious that it causes trouble for other stakeholders will legislators finally get around to stepping in. Where do you come up with this idea that corporations can do whatever they want in a mindless pursuit of profit? This is not the case, it never has been, and it continues to become less the case as more and more laws and regulations are enacted. History. Dutch East India Company, United Fruit Company, Union Carbide, Ford Motor Company, British Petroleum, Blackwater, Walmart, Pinkteron, Standard Oil, Enron, and on and on and on. The laws and regulations only protect the existing companies--Sarbox has hurt smaller companies and startups more than its protected anyone else. ~ Look, we're on the same side here. You just need to make arguments that don't blindly ignore reality and history. If you want to continue this discussion, hit me up on email with your best rhetoric. Let's quit taking up space on this thread. |