On Aug 24, 2005, at 8:54 AM, James Fraser wrote:
Businesses are more concerned about bottom line and less about civic
duty these days.
I wish I better understood why people feel that businesses have
some sort of
higher calling than making a profit. I *do* think it's great if a
business
wants to step up and spend money for the Greater Good. I guess I'm
just
uneasy about a business being coerced into doing something simply
because
it's felt that they "ought to."
These are companies that are given state-sanctioned monopolies.
They're an entirely different class of company; they have a legal
mandate to provide service.
Of course, B-school also used to teach that business could be modeled
as a three legged stool, resting on customers, employees and
shareholders, and that each leg was equally important to the success
of the business. Moreover, since it relied on its community for all
three, corporations did indeed have a "civic duty".
Well, now it seems that the three-legged stool is CEO's, Directors
and favored investors.
Customers and ordinary stockholders are merely seen as marks to be
skinned, employees are a money-wasting irritant; much cheaper to
obtain overseas.
The community is only as important so long as they keep coughing up
the tax breaks and other bribes.
Welcome to the world of Worldcom and Enron. They're merely the ones
who got caught.
Also, while you're paying for other people's broadband, you're also
paying for Wal-Mart employees health care.
In many states, Wal-Mart is the largest employer represented on many
state indigent health care rolls, usually out of proportion to it's
already large presence in the workforce.
--
Bruce Johnson
This is the sig who says 'Ni!'
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