Again and again we have the problem that whether you obey the law or not is a matter of...
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Quote
Robert Monks:
Again and again we have the problem that whether you obey the law or not is a matter of whether it's cost effective. If the chance of getting caught and the penalties are less than it costs to comply, people think of it as just a business decision.
Transcript
00:00:01.000 --> 00:00:02.399
Again and again we have the problem
00:00:02.076 --> 00:00:05.069
that whether you obey the law or not
00:00:05.016 --> 00:00:07.594
is a matter whether its cost effective
00:00:07.595 --> 00:00:08.879
If the chance of getting caught
00:00:09.000 --> 00:00:13.437
and the penalties are less than it costs to comply
00:00:13.008 --> 00:00:16.155
people think of it as just a business decision
Clip duration: 21 seconds
Views: 113
Timestamp in movie: 00h 37m 02s
Uploaded: 01 December, 2022
Genres: documentary, history
Summary: Documentary that looks at the concept of the corporation throughout recent history up to its present-day dominance.
Comments
00:33 Especially because you know I bought first class tickets
01:06 Drawing the metaphor of the early attempts to fly
00:37 The breast cancer gene
00:22 It should not surprise us that corporate allegiance
00:22 Of the modern business corporation
01:10 The dominant role of corporations in our lives
00:44 Well the whole idea of the export processing zone
00:35 Cosmetics weed killers
00:34 Through their food
00:49 Factory farm cows have not been the only victims
01:04 There are times when you think about it
01:09 One of the questions that comes up periodically
01:12 It is never a decision that any CEO makes lightly
00:38 The corporation is not a person
00:36 What if it never ran
00:34 It can go back
00:18 The pursuit of profit is an old story
00:45 With deregulation privatization free trade
00:32 Privatization does not mean you take a public institution
00:30 The goal for the corporations is to maximize profit