Ron Canoe

Welcome to OLO.

Pls take a look and tell me what you think.

http://www.oziz4oziz.com/restoring-prosperity---details.html

There is no such thing as corporate greed, for corporations are
mere paper entities, they do not think.

So do you think that employees working for corporations are too
greedy, because they want the figures to look good, so that they
obtain a pay rise? Or do you think that shareholders are too
greedy, as they want a return for risking their savings investing
in the company? If so, how much do you think is a fair return for
your hard earned savings, when you risk losing the lot if things go
wrong?

Rob Canoe

'When we finally elect our representatives, we need to be prepared to bear cost of the policy they introduce because we wanted them by voting for them.'
and
'Julia Gillard has actually done what we all wanted introducing the carbon tax legislation'

What? Didn't you know that Juliar stated there would be no carbon tax under any government she would lead? That negates both your statements.

I've yet to see an argument in favour of the carbon tax and the man-made-global-warming myth that sticks to the facts while, in the meantime, the carbon faithful have the gall to attack any dissent against this ludicrous tax-grabbing exercise.

Yabba, if I understand you correctly, you say that corporations should actually be greedy, generate maximum profit to the shareholders and social and environmental costs of their actions do not matter (?).

I hope that such views do not yet prevail. Otherwise, we do not have a chance to survive on this planet. I want to believe that notions such as sustainability, socially-responsible investment, corporate responsibility have still a meaning (though they are often misused) and we have a chance in the 21 centuary. If they still have a meaning, should corporations turn a blind eye when their staff considers only the figures without consequencies of their actions ? If they try to do this, we have efficient and accountable government agencies to enforce environmnental legislation.

Corporations are only paper entities? Who is then on their boards and their shareholders ?

Can mums and dads have double ethical standards ? Diferrent at home and different at work or acting as investors ?

Rob, corporations are run according to the rules of a country and those rules
are determined by Govts. If the rules are bad ones, don't
blame a paper entity, blame those who made the rules. If some people
involved with running those corporations break the rules, then they
can be held responsible and jailed.

If humanity breeds like rabbits or overconsumes, you can hardly blame
a piece of paper, which is what your corporate entity really is.

Who owns corporations? We all do, as we all have superannutation and a large
chunk of that is invested in those corporations.1.3 trillion$
in fact, which is about the value of the ASX.

So what is a fair annual return from your super fund?

Corporations or large companies, or small companies for that matter, can be excused for being greedy or trying to generate maximum profit and out-do their competitors.

The problem lies fairly and squarely with governments and the terrible lack of independence of government from the business sector. Not only a lack of independence but far too cosy a relationship, to the point where governments DO do the bidding of big business to a very large extent.

It is up to governments to regulate the profit motive or greed factor or whatever we may call it. But they just dismally fail to do this, on all levels from local to federal, and not just in this country but around the world.

It’s a hell of a problem that I can’t really see a solution to.