Posted 4 years ago on Jan. 7, 2013, 1 a.m. EST by Kavatz
from Edmonton, AB
This content is user submitted and not an official statement
This is key to the self-regulation of responsible capitalism (Referenced http://occupywallst.org/forum/dgrc-manifestation-of-responsible-capitalism/#comment-900164 ). It allows users to be informed of the factors (historical and current events) needed to make informed decisions, such as
how responsible is a particular corporation or politician?
what experiences have others had in similar situations?
does a corporation have a shady past or resolved legal matters?
Anyone has access to the status (public opinion, official rating) of any corporation, subsidiary or not. Same with agencies, high-profile leaders, departments, other nations and probably more.
If you are logged into the website, you have access to the Watchdog. When you search, query or visit a subsidiary page, your Watchdog gets populated with pertinent notifications. If an entity has been bad, you'll know all about it.
Do you see how it keeps capitalists responsible? I wouldn't want to get into trouble by not satisfying customers, treating employees well or bribing officials. Anything I do that could deter customers would be public information channeled directly to the customer at decision time. If I can't stay responsible, I'm going out of business.
There's more to come on this:
each subsidiary has a public stats page
how subsidiaries rebut (self-defend) and overcome negative Watchdog presence
sources of Watchdog content
limitations on contributors to Watchdog content
Back to Topic References: http://occupywallst.org/forum/conglomerate-and-dgrc-topic-references/