2.6.4

Discussion Points: CSR, Globalisation & Capitalism

Test yourself

Corporate Social Responsibility and Globalisation

Is corporate social responsibility just a disguise for greedy businesses trying to make profit? Does globalisation promote or dissuade businesses from pursuing good ethics?

Illustrative background for Argument: CSR is a disguise Illustrative background for Argument: CSR is a disguise  ?? "content

Argument: CSR is a disguise

  • Some argue that most businesses' association with social issues comes from a calculation that this association will help them increase their profits through building up a positive brand image with the customers they want to attract.
  • This argument says that companies behave in a more ethical way in order to promote their business in a positive light and gain more custom and, consequently, profit.
Illustrative background for Arguments: CSR is not a disguise Illustrative background for Arguments: CSR is not a disguise  ?? "content

Arguments: CSR is not a disguise

  • There is external pressure on businesses to act ethically. If that is the case, can they be accused of acting hypocritically when they are obliged to accept the responsibilities they have to their customers and other stakeholders?
  • It can’t be hypocritical if they are held to account by the law, especially with whistle-blowing policies potentially being used against them.
Illustrative background for Globalisation promotes good ethicsIllustrative background for Globalisation promotes good ethics ?? "content

Globalisation promotes good ethics

  • The pursuit of good ethics as the foundation of good business is something that the excesses of globalisation might be encouraging.
  • Some transnational corporations have made sincere efforts to live up to their mission statements.
    • Microsoft, for example, has donated well over $1 billion to charity since 1983.
Illustrative background for Globalisation discourages good ethicsIllustrative background for Globalisation discourages good ethics ?? "content

Globalisation discourages good ethics

  • Globalisation operates mostly in the interests of the richest countries, which continue to dominate world trade at the expense of developing countries.
  • The role of LEDCs (less economically developed countries) in the world market is mostly to provide the North and West with cheap labour and raw materials.
  • Critics include groups such as environmentalists, anti-poverty campaigners and trade unionists.

Can Humans Flourish in Capitalist & Consumerist Systems?

In consumerist societies, people frequently buy new goods. This kind of society places a lot of value on owning things. In a capitalist system, property, industry and business are privately owned.

Illustrative background for Arguments: humans can flourishIllustrative background for Arguments: humans can flourish ?? "content

Arguments: humans can flourish

  • Consumerism gives individuals the power to make choices between a range of brands and acquire a wider range of products - ones that help them to live a lifestyle that was only possible for the very wealthy decades ago. This, in turn, drives the economy.
  • This drive has been behind many technological developments.
  • Capitalism allows people to choose what to consume and this choice leads to more competition and better products and services.
Illustrative background for Capitalism: humans cannot flourishIllustrative background for Capitalism: humans cannot flourish ?? "content

Capitalism: humans cannot flourish

  • Capitalism encourages individuals (and businesses) to pursue wealth and become greedy. They may act irresponsibly with regards to the environment or ethics in the pursuit of gain.
  • Capitalism has had a negative impact on the environment. It reduces the way we think about the planet as humans become more concerned with a collection of natural resources to be maximised and acquired.
Illustrative background for Consumerism: humans cannot flourishIllustrative background for Consumerism: humans cannot flourish ?? "content

Consumerism: humans cannot flourish

  • Consumerism encourages a wasteful approach to the products we make.
  • Many products become disposable and people do not keep products in the long term as there are so many technological advances.

Jump to other topics

1Philosophy of Religion

1.1Ancient Philosophical Influences: Plato

1.2Ancient Philosophical Influences: Aristotle

1.3Ancient Philosophical Influences: Soul, Mind, Body

1.4The Existence of God - Arguments from Observation

1.5The Existence of God - Arguments from Reason

1.6Religious Experience

1.7The Problem of Evil

1.8The Nature & Attributes of God

1.9Religious Language: Negative, Analogical, Symbolic

1.10Religious Language: 20th Century Perspective

2Religion & Ethics

3Developments in Christian Thought

3.1Saint Augustine's Teachings

3.2Death & the Afterlife

3.3Knowledge of God's Existence

3.4The Person of Jesus Christ

3.5Christian Moral Principles

3.6Christian Moral Action

3.7Development - Pluralism & Theology

3.8Development - Pluralism & Society

3.9Gender & Society

3.10Gender & Theology

3.11Challenges

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