Posted 4 months ago on Dec. 31, 2012, 12:44 a.m. EST by Kavatz
This content is user submitted and not an official statement
It is the people who will determine what is irresponsible business behavior.
Popular opinion may one day dictate that corporations may not profit from banking, resource extraction, pharmaceuticals, genetic engineering, imprisonment, etc.
To start though, it could be as simple as “All singularly packaged products must clearly display production and expiry dates.” If any packager fails to meet this requirement, it is labelled an Irresponsible Entity.
What would it mean to a corporation for it to be labelled Irresponsible? With Watchdog and FreeInfo, the corporation would take a serious hit to its reputation. Consumers plugged into the conglomerate's web/mobile app would avoid you like the plague.
The 99% should be deciding what determines the success and survival of corporations. This system can regulate itself. I'm looking forward to the day when corporations unable to survive without government assistance are allowed to die, if it is the will of the people. One day the people will have the freedom and power to force certain industries out of private hands. There are some things that should not be capitalized on.
It is through the conglomerate website that members (consumers, employees and subsidiaries), define what irresponsible capitalism is. It will happen directly (members modify the rules) and indirectly (reviews, comments and conversations).
For more information on FreeInfo and Watchdog, see Topic References.
Back to Topic References: http://occupywallst.org/forum/conglomerate-and-dgrc-topic-references/