Letters: Corporations run amok
Re “No way to run a corporation,†Opinion, Sept. 2
Over the last two decades, as Lynn Stout insightfully details, corporations have been ever more inclined to run amok. The federal government’s complicity in abetting this lamentable trend should not be so surprising. Legislators are simply appeasing their patrons.
It’s the common person who demands that corporations provide the ever-more impossible. They want prices on consumer products kept low without undesirable cost-cutting strategies such as outsourcing jobs, compromising safety, degrading the environment and so on.
The catch is that pure capitalism requires both constantly expanding markets and limitless resources. Until legislators understand and accept that we live in a finite world, and that we indeed are all in it together, our economy risks cataclysmic collapse.
Edward Alston
Santa Maria
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