posted on Jun, 14 2004 @ 08:11 AM
I have read through your most excellent postings referred. This is certainly a complicated discussion and I see no need to rehash the arguments made
on either side by you or Indy, et. al. I do think that the desirous informed consumer has the right to know what each company is doing in regards
outsourcing, import, automation, pollution, compliance, etc., etc. Most of this info. is public info. However, business has a history of distorting
such info. Look at Enron, Global Crossing, World Com, etc., etc., ad. nauseum. I think what is needed is a well defined consumer information list of
companies, their parent holding company, their record regarding each of these specific issues of import to the consumer, and some kind of
consumer-friendly rating system.
Business does not opperate in a vacume. When I had the opportunity to take a Business Ethics class at University in conjunction with an Economics
Minor, the class was a big joke to most of the students. I was a pariah for arguing ethics and morality. I believe that this class was in fact a
microcosm of the business world. Capitalism left unchecked, regardless of Adam Smith's treatis on self regulation through economic markets, will
tend to exploit those least capable of defending themselves.