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View Diary: In Race to the Bottom, General Electric Shipping 1,000 Union Jobs from Erie, PA. to RTW Texas (40 comments)

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  •  Sure it does (0+ / 0-)

    Corporations generally will, given the chance. They're economic actors without moral constraints.

    But they're often abetted by government and social constructs that encourage immoral actions.

    For instance, I live in a county with a ridiculous amount of empty retail and office space. We already had a lot when the economy was strong; since the collapse, it's mushroomed. Yet more space is being built, even though both existing and new buildings lie empty in the next parcel. Why? Because the lack of regional cooperation has created a free-for-all environment in which each county vies to be most amenable to developers for fear that they won't get their "fair share" of growth. Add to that a tax structure that makes a vacant building far more advantageous than vacant land, and you have space it will take years (or decades) to fill, with even more being built.

    States compete in much the same way. So do nations.

    The answer isn't just to attack and condemn corporations for being acting like the greedy organisms they've been permitted to become. That's part of the solution -- but the only lasting answer will require more than just shaming the inherently shameless. We have to return to a social paradigm in which there is a respect for the social contract, and that takes changes at the community and regulatory levels, as well as within the businesses themselves.

    "Do it in the name of Heaven; you can justify it in the end..." - Dennis Lambert & Brian Potter

    by pragmaticidealist on Sun Apr 21, 2013 at 12:24:03 PM PDT

    [ Parent ]

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