[ExI] Business Ethics - Oxymoron?

[Samantha Atkins]

I think Anders brings up a good point.  In a society where government
agencies like the EPA and hundreds of others supposedly protect us the
reputation of a company in and of itself is of less economic value.
Another take on that is that if the government establishes standards and
procedures and they are followed in a line of business to do business at
all then any particular company has little reputation incentive to exceed
those standards.

If reputation is economically not that important barring some disastrous
hit on reputation and whether one does much better than the required is not
that much incentive either then companies will compete negatively by
attempting to cheat or bribe or control the standards.

On Sat, Sep 26, 2015 at 3:15 PM, Rafal Smigrodzki <
rafal.smigrodzki at gmail.com> wrote:

>
>
> On Sat, Sep 26, 2015 at 6:27 AM, BillK <pharos at gmail.com> wrote:
>
>> The latest scandal with VW falsifying auto diesel engine emission
>> tests has attracted much discussion and shock - horror responses.
>>
>
>
> ### I am horrified by the existence of EPA. These evil enemies attacked
> VWs customers by banning harmless car driving under the pretext of
> preventing "pollution", VW defended its customers by acting within the
> letter of the (evil and illegitimate) law and now VW is again being
> attacked by hordes of enemies, potentially putting its existence at risk.
>
> We live in a sick world, where attacking carmakers is an occasion for
> moral preening.
>
> Long live VW! Down with the EPA!
>
> Rafał
>
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