Do you believe that businesses have a social/ethical responsibility?

Dopameme | Mythic Inconceivable!
 
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This question was brought up by my Business professor in class today, and it got me thinking. I believe that businesses definitely have a social responsibility since they exist to fulfill the needs of people, as well as provide jobs.


 
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This is the way the world ends. Not with a bang but a whimper.
They exist to provide goods consumers want for as cheap as can possibly be bought.

That's it.

That's the only social responsibility they have, and it's the only reason they've existed for this long. They shouldn't have to contribute to charity, and they shouldn't have to pay taxed.


Anonymous (User Deleted) | Legendary Invincible!
 
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They don't, but they should.

There's no reason why Sony shouldn't be legally obligated to make a basic effort to protect their customers' and employees' information. They've done a piss poor job of it so far.


Sprungli | Heroic Invincible!
 
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The only responsibilities a company should have should be to it's board/investors/etc..., it's customers and it's workers


Lemy the Lizerd | Heroic Unstoppable!
 
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No.


Dopameme | Mythic Inconceivable!
 
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Mordo | Mythic Invincible!
 
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emigrate or degenerate. the choice is yours
No.

But if consumer choices demand that they follow some sort of ethical code when conducting business then the free market dictates that they adhere to those requirements.


Dopameme | Mythic Inconceivable!
 
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They exist to provide goods consumers want for as cheap as can possibly be bought.

That's it.

That's the only social responsibility they have, and it's the only reason they've existed for this long. They shouldn't have to contribute to charity, and they shouldn't have to pay taxed.
So you believe they exist solely for the objective of profits?


 
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This is the way the world ends. Not with a bang but a whimper.
So you believe they exist solely for the objective of profits?
Well that is the entire point of capitalism.



Dustin | Heroic Invincible!
 
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This is pathetic, Cheat
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Dopameme | Mythic Inconceivable!
 
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So you believe they exist solely for the objective of profits?
Well that is the entire point of capitalism.
But they also provide jobs for people, which are necessary for any modern society to live.


Nick McIntyre | Legendary Invincible!
 
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Businesses aren't people so no.

Fuck yes, I've been waiting for my "The Supreme Court disagrees with you" argument!

So you believe they exist solely for the objective of profits?
Well that is the entire point of capitalism.
But they also provide jobs for people, which are necessary for any modern society to live.

Well if Mr. P wants his cyborg army to replace the meat bag workforce, we may not have those kinds of jobs anymore.

Inb4gettechnicianjobs


 
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This is the way the world ends. Not with a bang but a whimper.
But they also provide jobs for people, which are necessary for any modern society to live.
Not true. Consumption is the key focus of any economy; not income.

Companies only have an obligation to provide jobs insofar as it improves the capacity for consumption with an economy.