Carl Icahn’s Failed Raid on Washington | The New Yorker
Was President Trump’s richest adviser focussed on helping the country—or his own bottom line?
The Merck’s mission statement includes: “We are responsible to our customers, to Merck employees, to the environments we inhabit, and to the societies we serve worldwide” and “Our ability to excel depends on the integrity, imagination, skill, diversity and teamwork of our employees.” Who’s acting like a real CEO here?
As though we needed another example that the main concern of the “boys” in the C-suite is self-promotion, not the good of the company.
Yet another good reason to boycott Exxon Mobil. Tillerson was happy to flout the sanctions and do business with an enemy of democracy. … And people wonder why college students are cynical about business.
According to the United Board, taking action against executives involved in illegal acts could keep them from hiring “top talent.” At least we now know what talents they value.
It is a well-documented syndrome that a pattern of serious unethical behavior has both cognitive and affective costs. Our ability to perceive reality accurately and to resist our desires get compromised. To put it prosaically, “being unethical makes you stupid and greedy.” Anyone who doesn’t know this hasn’t been paying attention.
The latest example of this is the blind greed and callous disregard for hurting others shown in the G.O.P.’s vote. In what universe was the meltdown not a sign that the system was broken? Similarly, in what universe is a massive concentration of wealth and power not a sign that we have a fundamental, systemic failure? Once again, blind greed, a completely false ideology and a frontal assault on ethics and basic American ideals.
When there are new government regulations, people in business regularly complain about ‘government interference with business.’ So, why is there no corporate outcry when an entire industry is singled out for harassment by Comrade Pinocchio? And why does Twitter not enforce its ‘anti-harassment’ rule?
It’s bad enough that Exxon’s campaign against the truth about global warming showed their contempt for honesty. Now we have this striking example of greed at the top. And how is this benefiting any of Exxon’s stakeholders? A clear case of no risk, but huge reward. And this doesn’t take into account what the CEO was paid all along.
NYT 1.3.17 “House Fires at Ethics and Shoots Self.”
Imagine that a major defense contractor announces it is closing down its ethics office. What do you think these same Republicans would say to that? They’d denounce it, of course, because they think that everyone else should be subject to rules that don’t apply to them.
1.4.17. National Geographic News. “Controversial SeaWorld Orca Shows End in California, but Continue Elsewhere.”
This marks small progress and does not solve the ethical problem of treating persons as property. These cetaceans cannot thrive in captivity. The best solution is ocean sanctuaries.