Social responsibility and capitalism.

DEAD7

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No, a world renowned, heavily decorated, Harvard economist is my source.

And when he says "probably" he is being sarcastic, nuance that a person like yourself cannot do. Reading between the lines it too much for a person who thinks capitalism won't lead to cronyism and corporatism.
Appeal to authority eh :ehh:

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:krs: a world reknown economist!!!! Must be accepted as incontrovertibly true.




:aicmon:
 

Poitier

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ExodusNirvana :clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap:


Appeal to authority eh :ehh:

:krs: a world reknown economist!!!! Must be accepted as incontrovertibly true.

Yet another strawman. You asked for the credentials of my source and I gave them. Where did I say I blindly follow Umair because he is a well-respected economist? I agree with many of things he writes but not everything. There are tons of world renowned economist and a large majority of them are shyt. Keep putting words in the mouth of others because you are inadequate in defending your own position, brehs.
 

DEAD7

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The goal here is to create a system where they ARE liable or responsible for their actions because without that obligation, as someone said before, you're leaving it up to the consumer to decipher whether or not those actions are harmful, often times AFTER they've taken place and done their damage. And in a world where information is imperfect (not just incorrect but also LATE) that's just not good enough.
:ehh:
 

DEAD7

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Yet another strawman. You asked for the credentials of my source and I gave them. Where did I say I blindly follow Umair because he is a well-respected economist? I agree with many of things he writes but not everything. There are tons of world renowned economist and a large majority of them are shyt. Keep putting words in the mouth of others because you are inadequate and defending your own position, brehs.
:russ: I'll give you that one.
 

DEAD7

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" businesses conduct immoral or unethical practices in order to achieve these outcomes."

Are we suggesting objective morals/ethics here? :ld:
 

havoc

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No economic system cannot survive without socialism. America's economy is operated by the capitalism, but in this country, it implement socialism to stimulate cash flow. Without government's subsidies small businesses wouldn't be able to expand, low-income people wouldn't have the finance to pay for their college tuition, and healthcare and education will be only available to the rich, and other programs that are essential to our every day life wouldn't exist. I our nation would have completely fall into a shythole if it had relied on pure capitalism.
 

Poitier

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" businesses conduct immoral or unethical practices in order to achieve these outcomes."

Are we suggesting objective morals/ethics here? :ld:


Yes. Read up on The Enlightenment and all of the great writings that came out of that era.
 

DEAD7

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Yes. Read up on The Enlightenment and all of the great writings that came out of that era.
I have, but it was always clear that the initiation of force is immoral... This places socialism directly at odds with objective morality...:ohhh:
our nation would have completely fall into a shythole if it had relied on pure capitalism.

I dont believe this, but I'd gladly look at any supporting evidence and reconsider...:ld:
 

Poitier

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Society is an "initiation of force" :what:
Let that argument go. That's not what The Enlightenment said. Go back and shore your knowledge up on those French philosophers, breh.
 

714562

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What???

You're correct in the assumption that most if not all business schools have entire classes and seminars and units focusing in business ETHICS. This is very true, my entire undergrad curriculum I felt was one big "let's sit and reflect on how terrible Enron was" pow wow...

Here's the thing though..

Business 101: A business basically has two reasons for existence, one is to provide a good or service, two to maximize profit and returns for either its shareholder or stakeholders.

A business has NO OTHER OBLIGATION. If you Google the syllibi or course curriculum of every top business school and program I think you'll find that my statements are not far off.

:childplease:

This is literally the FIRST THING that comes up when you Google the phrase "purpose of a business."

http://business.nd.edu/news_and_events/news_articles_article.aspx?id=12632

"The purpose of business: Advancing the common good"

When I google "Purpose of a Business" and "Syllabus", the first relevant result is this:
http://www38.homepage.villanova.edu/william.oneill/2013 BD-I/TENTATIVE-Syllabus-BDI-Fall2013 (Ver 2).pdf

Chapter 4. All about social responsibility and the debate over whether or not a business's only obligation is to make profits. And this is from an introductory business class meant to teach people the purpose of business in general.

That took me all of 30 seconds.

But yeah, clearly business schools are out here teaching you to be socially irresponsible. Good call.
 

Poitier

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Are you dumb? Who cares what they "say?" We can clearly see via Wallstreet and Silicon Valley that they do not practice ethics. Only a delusional blind fool would argue otherwise.
 

ExodusNirvana

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:childplease:

This is literally the FIRST THING that comes up when you Google the phrase "purpose of a business."

http://business.nd.edu/news_and_events/news_articles_article.aspx?id=12632

"The purpose of business: Advancing the common good"

When I google "Purpose of a Business" and "Syllabus", the first relevant result is this:
http://www38.homepage.villanova.edu/william.oneill/2013 BD-I/TENTATIVE-Syllabus-BDI-Fall2013 (Ver 2).pdf

Chapter 4. All about social responsibility and the debate over whether or not a business's only obligation is to make profits. And this is from an introductory business class meant to teach people the purpose of business in general.

That took me all of 30 seconds.

But yeah, clearly business schools are out here teaching you to be socially irresponsible. Good call.
I think you should read my post again

You even posted something that actually defeats your point as that first link is an opinion piece...from Notre Dame, a school that has a religious background and thus, its staff and thinking will be skewed towards a more morally responsible dogma...

It's uh...actually written by a priest dude. It doesn't get anymore subjective.

Almost every site that comes up from the "purpose of business" search result kind of solidifies my point...that the purpose of the business is to satisfy a need and make money. They also go on to say almost exactly what I said, that while a business has no obligation to provide social uplifting along those lines, they SHOULD be and can be held as responsible for negative outcomes, thus they should strive to be as ethical as possible and do no harm to society.
 
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