Economic Ethics and Business Ethics

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Economic ethics involves economic policy and fairness and goes beyond business ethics, profit maximization and shareholder value.

We face an inept and corrupt political and economic system that converts private losses into public losses, normalizes endless war and bank bailouts, transforms education from a right to a privilege, turns democracy, risk and liability upside down and promotes exploiding inequality and generalized insecurity instead of the good life and generalizedf security. Perversion and double standardsd are normalized when the state becomes a trough or errand boy for Wall Street banks (Bill Moyers). Trust and public spirit do not fall from the sky but come when people are treated as participants and not as a manipulable mass.

to read the translated 2009 debate between Chirstoph Blocher and Ulrich Thierlemann, click on

http://portland.indymedia.org/en/2012/04/415191.shtml

demandside's picture
demandside
Joined:
Jul. 31, 2007 3:01 pm

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The other way we're subsidizing Walmart...

Most of us know how taxpayers subsidize Walmart's low wages with billions of dollars in Medicaid, food stamps, and other financial assistance for workers. But, did you know that we're also subsidizing the retail giant by paying the cost of their environmental destruction.

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