I completely fail to understand how anyone can say that corporations are not accountable to us… Every single dime they have, every bit of power they exert is given them by the sale of their products. We have complete control over corporations based on what products we choose to purchase. The only exception to that, corporate welfare, is a relatively minor source of income for them, but one that I agree should be cut off, if possible. Read about Farmer Percy to see how hard that will be.
The problem is one of educating the people, not of regulating the companies. WE need to be reformed… the companies will follow our dollars like puppies after mothers’ milk. If you want to talk about how to effectively re-train the poor spending habits Americans are exhibiting, I will be right there with you, but regulating the corporations is shifting the blame; unnecessary and ineffective.
The stated and obvious goal of every corporation is to turn a profit. As long as they can do that though immoral means, they will continue to do it. We have no hope of regulating morals in corporate actions except though our purchasing decisions. "As long as people will accept crap, it will be financially profitable to dispense it." Dick Cavett.
The cigarette companies ran wild until the public was educated effectively on the cost of smoking. Not by a little warning label introduced by regulation, but by a series of TV and billboard ads paid for by health care organizations that were being financially damaged by the costs of treating lung cancer. Remember those? The woman talking through her throat? The guy who killed his wife with second hand smoke? "Mind if I smoke? Care if I die?"
Those ads, and the backlash to Joe Camel, shifted public opinion and vastly reduced the power and influence of those companies. The more recent ads, paid for by the companies themselves due to regulation, have been FAR less effective; less hard hitting. If people stopped buying cigarettes, they would be gone, but as long as people want to use nicotine as a drug, and damage their lungs, who are we to tell them they can’t? Or to prevent a company from supplying them what they ask for?
In the same way, if people accept food grown NOT locally and organically but instead GMO, insecticide soaked, in factory farms, who are we to outlaw that?
If people want to purchase cheap shoes or clothing made by exploited workers under inhuman conditions, how can we change the morals of the producer, if we can’t even change the morals of the purchaser? Get people to watch this show:
http://planetgreen.discovery.com/tv/blood-sweat-tshirts/ if you want to make a difference.
A population of sheep must begat a government of wolves; and so too idiot consumers fuel exploitive corporations.