Social responsibility and capitalism.
- Thread starter Blackking
- Start date
nineteeneightysix
Banned
No...
Because in the Capitalist's thinking, social responsibility is "TOO EXPENSIVE"....Social responsibility means universal healthcare, affordable housing for the majority, affordable (preferably free) education for the majority, efficient social support services, and a smaller wealth gap between the "rich" and the "poor"...
These things don't make sense to a Capitalist...
Social responsibility means making and using money to help society...Capitalism is about making and using money to make more money...
Depreciating Asset
Please pawg responsibly
Not sure how you are connecting fiscal policy to social responsibility and capitalism.
But I imagine that if companies were more socially responsible then they wouldn't make excessively risky loans that would require them to be bailed out.
Or you could be saying that if all corporations picked up the tab for social expenses like healthcare and education, then governments could be more fiscally responsible.
Which one do you mean? Or do you mean something else entirely? Wait are you writing a paper for school?
I ain't trying to help you write your essay. 
But I imagine that if companies were more socially responsible then they wouldn't make excessively risky loans that would require them to be bailed out.
Or you could be saying that if all corporations picked up the tab for social expenses like healthcare and education, then governments could be more fiscally responsible.
Which one do you mean? Or do you mean something else entirely? Wait are you writing a paper for school?
I ain't trying to help you write your essay. lol, no I'm not writing anything for school.Not sure how you are connecting fiscal policy to social responsibility and capitalism.
But I imagine that if companies were more socially responsible then they wouldn't make excessively risky loans that would require them to be bailed out.
Or you could be saying that if all corporations picked up the tab for social expenses like healthcare and education, then governments could be more fiscally responsible.
Which one do you mean? Or do you mean something else entirely? Wait are you writing a paper for school?
and what it mean is......
If you like in a capitalist society.......... would it even make money sense for companies, governments, and other organizations to even put an emphasis on social responsibility.
Not sure what you mean exactly? Fiscally, as in by the numbers alone?
The consumer voluntarily determines all in capitalism. Thus it does make sense, if it matters to them...
The "if it matters to the consumer" part being the hinge here.
For the most part all organizations do, its the consumers("we the people") that are not keeping up our end of the deal.
For example.
If consumers care about pollution and wont buy from companies that pollute, you don't need laws against pollution(forcing social responsibility), it will be stemmed by the market mechanism itself.
Helping society creates the most wealth, and the greediest of men provide the most to society. Wal-Mart employs an insane amount of low skilled workers and provides goods to the poor at the lowest price possible... this service to society has made them extremely rich. this phenomenon is called mutual benefit.
this is sorta what i was looking for.
Helping society creates the most wealth, and the greediest of men provide the most to society. Wal-Mart employs an insane amount of low skilled workers and provides goods to the poor at the lowest price possible... this service to society has made them extremely rich. this phenomenon is called mutual benefit.
Vandelay
Life is absurd. Lean into it.
Imho, there needs to be some kind of intervention mechanism. Either corporate or otherwise. What if consumers do not know that a company pollutes, what if there are no other options but companies that pollute.
This is probably going to be a terrible analogy, because its not all the way throught through, but fukk it. I liken true capitalism to the NFL; and what we have now to the MLB or NBA. In the NFL, there's a ton of rules, you can't hit someone a certain way, you have the salary cap, delay of game penalities, etc. In some ways; it stiffles the potential of how good "one" team could be; but it also keeps the game competitive.
There has to be a happy medium because on one side of the coin, you will stiffle progress and innovation; and on the other you risk society's chicken's coming home to roost. Its a balance that personally I think needs to be kept in line.
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Helping society creates the most wealth, and the greediest of men provide the most to society. Wal-Mart employs an insane amount of low skilled workers and provides goods to the poor at the lowest price possible... this service to society has made them extremely rich. this phenomenon is called mutual benefit.
No, it's called circular logic.
We will ignore your admittedly bad analogy.
But you bring up a valid point and certainly that could be an issue.
Luckily the dispensing of such information is big business in itself, and businesses would likely look to these business for a stamp of approval to help market there product/brand.
Again its up to consumers.
If consumers look for product verified by [insert company] to not pollute or whatever. Everyone benefits.
Companies please consumers resulting in sales, the verifying company gets paid to verify(by the company they are verifying), and consumers insure there is no profit to be made polluting the environment.
Explain?
Explain?
Look at what you wrote "employ the poor and service the poor"
You don't have very high reasoning skills
yes, explain...Explain?
don't you think........ it's not circular logic.
Question is does it make fiscal sense... at first glance... no we are capitalist fukk everybody...
But from pubic relations, company branding, employment of low skilled workers --- and being able to attract those workers.... charity events, environmental safety, to having a vested interest to provide at least the basic healthcare and other benefits..... etc....
Social responsibility should be key for any organization - even within the capitalist framework, right??