Honesty isn’t always the best policy.(Actually, I believe that most corporate ills would be cured if we had “perfect markets” – perfect information (full truth) and mitigation for externalities. Many consumers don’t care about anything other than cost and/or quality, but enough consumers do care about issues such as outsourcing, environmental harm, and labor abuses that companies would have little choice but to behave well.)
fishbulb239 about 8 years ago
Honesty isn’t always the best policy.(Actually, I believe that most corporate ills would be cured if we had “perfect markets” – perfect information (full truth) and mitigation for externalities. Many consumers don’t care about anything other than cost and/or quality, but enough consumers do care about issues such as outsourcing, environmental harm, and labor abuses that companies would have little choice but to behave well.)