Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

When human conscience takes a backseat to creating profit

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Editorials & Other Articles Donate to DU
 
dArKeR Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-03 08:08 AM
Original message
When human conscience takes a backseat to creating profit
By Joseph Stiglitz

Monday, Nov 10, 2003,Page 9

Wittingly or unwittingly, individuals do things that injure other individuals. For society to function, it must provide individuals with incentives not to do so, through rewards and punishments, regulations and fines. By polluting the air, one harms anyone who breathes. The legal system has an important role here. If I injure you, you should be able to sue me.

Of course, individuals have a moral responsibility not to injure others. Indeed, this is perhaps the central moral imperative -- do unto others as you would have them do unto you, and do not do unto others as you would not have them do unto you.

Immanuel Kant, with his categorical imperative, provided the philosophical foundations for those who wanted an alternative basis for ethics than that provided by religious aphorisms. But modern society cannot and does not simply rely on individuals doing the "right" thing. It provides carrots and sticks.

Motivating corporations to do the right thing is even more difficult. After all, corporations don't have a conscience; it is only the conscience of those who run the corporation, and as America's recent corporate scandals have made all too clear, conscience often takes a backseat to profits.

http://www.taipeitimes.com/News/edit/archives/2003/11/10/2003075342
Printer Friendly | Permalink |  | Top
camero Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-03 12:40 AM
Response to Original message
1. You can't motivate corporations.
Edited on Tue Nov-11-03 12:40 AM by camero
Since they are driven by profit. But you can make them either through criminal penalties or tax breaks. Penalties that include shutting them down when they are not acting in the public interest.

If alot of these companies were shut down for even a week, I'll bet you will see a change in policies and more enforcement of civil rights laws from them.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 19th 2024, 11:25 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Editorials & Other Articles Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC