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Peter Foster: Trading honesty for ‘social responsibility’ (Article)    

 

Dear Readers

 

When possible please have a look at this article. I agree and you?

 

Last September, when the extent of the financial crisis was becoming horribly apparent, Ban Ki-moon, Secretary General of the United Nations, declared "We need a new understanding on business ethics and governance, with more compassion and less uncritical faith in the ‘magic’ of markets."

Strange, since business has never been more involved in the UN’s brand of Global Salvationism, or less inclined — perhaps even able — to defend free markets.

 

Nothing better symbolized the murky global business environment than the final communiqué of the London G20 meeting two weeks ago. It called for "an open world economy based on market principles," even as it projected massive new regulation and declared support for an "inclusive, green and sustainable recovery" and "the corporate social responsibility of all firms."

 

Source: National Post

 

http://network.nationalpost.com/np/blogs/fullcomment/archive/2009/04/16/peter-foster-trading-honesty-for-social-responsibility.aspx

 

 

Cheers

 

Italo

 

 

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27 Apr 2009 by Italo Perazzoli (CSR-Group)
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