Q&A: Why do corporations need regulations in a Capitalist System?
Question by A Peaceful Rebel: Why do corporations need regulations in a Capitalist System?
What causes the need for regulation? Is it because of design flaws, or structural flaws within the corporation itself? What is it?
Best answer:
Answer by sound_of_the_silenced3
They dont. We just need a GREAT judicial system so that people injured, and defrauded can have legal recourse.
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RE: Toy Recalls, Why are North Amercian Corporations & Manufacturers so Ignorant to the CYCLE OF ECONOMICS?
Question by Utopian Friend: RE: Toy Recalls, Why are North Amercian Corporations & Manufacturers so Ignorant to the CYCLE OF ECONOMICS?
TIP: If you eliminate jobs through OUTSOURCING them to places like China, not only is the Safety Standards different to appalling, but these import products are targeting consumers that are the very people you made unemployed by outsourcing! How the heck are these people suppose to buy the very products they once made without the level of income they once enjoyed when they had a job with these corporations?
Logic isn’t their strong suit, but greed is their main motivator. Perhaps these RECALLS are coming back to bite the Corportations in the a**?
SIDE NOTE: The recalls are based on dangerous production from other countries, similar to Import FOOD/ Liquids/ or other personal products that all North Americans consumne. What’s to stop those who wish to Harm Westerners from contaminating any of these imported produce or products? Doesn’t this come under War Safety Strategies the way we responded to in WWII or the Cold War? Are Corporations putting their nations at risk for terrorism in a different form? This may not be just about economics & cost effectiveness.
Thought I’d throw that one out to you to ponder, as our food seems to be in the news a lot lately… EG: Bovine TB in AB. Canada, British bird flu outbreak (H5N1 virus), American E.coli in Spinach last year & many many more!
Best answer:
Answer by Bargain Girl of Yore
Agreed!
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