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A case can be made that making profitable misconduct legal DOES force businesses to misbehave because those that don't take full advantage of the law will be at
by all_blue_chucks 6y ago
A case can be made that making profitable misconduct legal DOES force businesses to misbehave because those that don't take full advantage of the law will be at a disadvantage to those who do.
Furthermore, shaming one company to change its practices voluntarily does little to help workers at other companies subjected to the same thing.
So we really should push to change the law with more urgency than we use to push any give single employer.
- ultraluminous 6y agoFirst, I agree with your conclusion. The way to address this is to change the law, pushing individual corporation is ineffective. However, you DON'T have to maximize your profits above all other corporations. There's no such actual fiduciary duty and there never could be. That's the point the poster is trying to make - something being legal doesn't make it ethical and acting in a unethical, but legal, manner does not absolve you of contempt.
- all_blue_chucks 6y agoIf you have no competition, you do have the luxury to choose between profitable and ethical. But if you have fierce competition, there isn't always a choice - market forces will drive out the more principled operators of business in favor of those that are more ruthless.