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Author Topic: Business attempts to shed "Evil Empire" image
Babbler # 490

posted 01 September 2002 09:00 PM      Profile for DrConway     Send New Private Message      Edit/Delete Post  Reply With Quote 
Article here

JOHANNESBURG, South Africa (AP) - Business can overcome its "evil empire" image by focusing on more than just short-term profits, government and corporate leaders said Sunday at the World Summit.

"Both business and society stand to benefit from working together," U.N. Secretary-General Kofi Annan said at a daylong series of Business Day events.

(snipped portion for brevity)

With the summit's action plan geared toward encouraging public-private partnerships to alleviate poverty while protecting the environment, activists have been pushing delegates to include rules to hold corporations accountable for their performance on social, environmental and economic issues.

Business leaders have argued against binding global standards in favor of their own voluntary rules, drafted in concert with the United Nations.

Talk about insincere sincerity. These guys know that every time "self-regulation" has been tried and trotted out, it has never been very successful.

I mean, come on. These guys aren't gonna regulate themselves, for cripes' sake. Why would they? The incentive is to ignore the toothless regs.

From: You shall not side with the great against the powerless. | Registered: May 2001  |  IP: Logged
Babbler # 2938

posted 01 September 2002 09:05 PM      Profile for josh     Send New Private Message      Edit/Delete Post  Reply With Quote 
You're right, of course.

It's the same argument they've always used against domestic regulation.

From: the twilight zone between the U.S. and Canada | Registered: Aug 2002  |  IP: Logged

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