Some argue that "Shopping is more important than voting", and that the disposition of money is the most basic role we play in any system of economics. Some theorists believe that it is the clearest way that we express our actual moral choices, i.e., if we say we care about something but continue to buy from parties that have a high probability of risk of harm or destruction of that thing, we don't really care about it (and are practicing hypocrisy).
I believe this assertion to be very true. After all, much of Corporate Social Responsibility is due to increased profit margins for "ethical goods" and also mandates from consumers for more green options! I think that the consumer is often overlooked in the discussion about Corporate Social Responsibility. For example, if the Toyota Prius, it's hybrid model, had been ill-received from consumers and made virtually no sales, I would ascertain that production of such vehicles would have halted, at least temporarily. Another example of this comes from the growing and lucrative organic market. In the past, the main market for organic foods were what some people believed to be "hippies." Today, however, consumers are recognizing the importance of eating healthier due to the exponentially increasing number of obese people in the United States. Now, huge brands are starting to offer "organic options" that can even be found at regular grocery stores.
I think that the people should get more credit for social changes credited to businesses, because without the power of the purse, very little change could occur.
I believe this assertion to be very true. After all, much of Corporate Social Responsibility is due to increased profit margins for "ethical goods" and also mandates from consumers for more green options! I think that the consumer is often overlooked in the discussion about Corporate Social Responsibility. For example, if the Toyota Prius, it's hybrid model, had been ill-received from consumers and made virtually no sales, I would ascertain that production of such vehicles would have halted, at least temporarily. Another example of this comes from the growing and lucrative organic market. In the past, the main market for organic foods were what some people believed to be "hippies." Today, however, consumers are recognizing the importance of eating healthier due to the exponentially increasing number of obese people in the United States. Now, huge brands are starting to offer "organic options" that can even be found at regular grocery stores.
I think that the people should get more credit for social changes credited to businesses, because without the power of the purse, very little change could occur.
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