Comments on: Corporate Social Responsibility Is A Bunch of Crap http://weakonomics.com/2010/02/26/corporate-social-responsibility-is-a-bunch-of-crap/ Everything That's Wrong With You And Your Money Thu, 09 Sep 2010 18:02:57 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: Gabriel Gheorghiu http://weakonomics.com/2010/02/26/corporate-social-responsibility-is-a-bunch-of-crap/comment-page-1/#comment-3643 Gabriel Gheorghiu Tue, 02 Mar 2010 17:49:11 +0000 http://weakonomics.com/?p=3884#comment-3643 "Personally, when my back charges me $2 to use an off-network ATM and then gives a quarter to the United Way, I’m a bit upset about it. Give me the quarter back and let me decide if I want to give it away or not. Or, since I’m a shareholder in the bank, pay it out in a dividend." This sound like saying to your government: let me decide either i want to pay my taxes or not! We all have a responsibility towards the world we leave in (not only family and friends) and it's not such a bad thing to be forced to contribute to in it (mostly because many people wouldn't do it freely). “Personally, when my back charges me $2 to use an off-network ATM and then gives a quarter to the United Way, I’m a bit upset about it. Give me the quarter back and let me decide if I want to give it away or not. Or, since I’m a shareholder in the bank, pay it out in a dividend.”

This sound like saying to your government: let me decide either i want to pay my taxes or not! We all have a responsibility towards the world we leave in (not only family and friends) and it’s not such a bad thing to be forced to contribute to in it (mostly because many people wouldn’t do it freely).

]]> By: Reggie http://weakonomics.com/2010/02/26/corporate-social-responsibility-is-a-bunch-of-crap/comment-page-1/#comment-3626 Reggie Fri, 26 Feb 2010 19:02:57 +0000 http://weakonomics.com/?p=3884#comment-3626 Corporate Social Responsibility has been hijacked by the marketing heads who see a possibility of increasing their brand equity by throwing money at anything that catches the public imagination. The original idea was to encourage the corporate to be more sensitive to the damage the company does in its <em> own line of business </em> ...and there is <em> some </em> damage to someone no matter what business one is in...so in a way when starbucks brings programs to ensure coffee growers don't get shafted by middle men, or when a power company decides that they do some rehabilitation for displaced communities beyond the line of duty, that is CSR...what we see now is a sham .... Corporate Social Responsibility has been hijacked by the marketing heads who see a possibility of increasing their brand equity by throwing money at anything that catches the public imagination. The original idea was to encourage the corporate to be more sensitive to the damage the company does in its own line of business …and there is some damage to someone no matter what business one is in…so in a way when starbucks brings programs to ensure coffee growers don’t get shafted by middle men, or when a power company decides that they do some rehabilitation for displaced communities beyond the line of duty, that is CSR…what we see now is a sham ….

]]> By: Rob Bennett http://weakonomics.com/2010/02/26/corporate-social-responsibility-is-a-bunch-of-crap/comment-page-1/#comment-3625 Rob Bennett Fri, 26 Feb 2010 16:29:59 +0000 http://weakonomics.com/?p=3884#comment-3625 <i>And you give back to the community so you can brag about it in commercials.</i> Does the same logic apply to people? Do we only help others because we want to be patted on the back for doing so? It seems to me that corporations are just collections of people. Some corporate giving is indeed phony, to be sure. But some is not. Rob .-= Rob Bennett´s last blog ..<a href="http://arichlife.passionsaving.com/2010/02/26/larimore-acknowledges-errors-in-bogleheads-guide-then-retreats-into-further-defensiveness/" rel="nofollow">Larimore Acknowledges Errors in Bogleheads Guide, Then Retreats into Further Defensiveness</a> =-. And you give back to the community so you can brag about it in commercials.

Does the same logic apply to people?

Do we only help others because we want to be patted on the back for doing so?

It seems to me that corporations are just collections of people. Some corporate giving is indeed phony, to be sure. But some is not.

Rob
Rob Bennett´s last blog ..Larimore Acknowledges Errors in Bogleheads Guide, Then Retreats into Further Defensiveness My ComLuv Profile

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