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Reply #4: As long as they have a legal mandate to pursue short term profits [View All]

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ThomCat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-03-11 01:03 PM
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4. As long as they have a legal mandate to pursue short term profits
above all else, claims to care for the environment will be a lie.

If caring for the environment costs money and cuts into profits, they will always fail to care for the environment. They will be required to fail to care for the environment, and this will be called "good business."

This will not change until:
  • Corporate charters begin to require that corporations must prove they provide for the public good, and do not cause pubic harm, while they strive for their profits.

  • Corporate charters require renewals periodically, and are reviewed by a committee or jury of the public to ensure that the comply with the need to provide for the public good and cause no public harm. Corporations that fail this review loose their charter and are forced to go out of business.

  • Law and governments recognize that it is an inherent conflict of interest for corporations to ever advocate for any changes to law or public policy because they will always advocate only for that which increases their own power, ability to make profit, and ability to externalize costs. Corporations do not have mercy, empathy or compassion. They do not have multitudes of conflicting needs and loyalties like people do, and cannot be swayed by emotions, arguments and debates. They act solely in the best interest of their business needs. With their great wealth and influence corporations have the potential, as we clearly see in modern politics, to drown out the voices of the entire population of real people.

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