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Sep 9, 2006 11:15:00 AM
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Susan George: Well, corporate social responsibility has become kind of a slogan. This is because corporations have wanted to be self-regulating. Their main dread is that they don’t want any outside body coming in and worrying about their affairs and making them do something they don’t want to do. So, their slogan has been, “We can take care of ourselves and we are socially responsible.”
Now, some of them probably are, but the self-policing -- I am not quite sure what that means because they don’t always hold up in practice. I have been in seminars with corporate people on corporate social responsibility; and the first thing I say is, look, for me the first duty of a corporation is to pay its taxes or maybe some of them are; but statistically speaking, the amount of corporate taxes actually coming into state treasuries is going down every year, whether it's in the United States or whether it's in Europe, I don’t know about Japan, but the proportion of taxes companies are paying are being reduced all the time because there are so many tax savings, so many tax dodges that they can use, and, of course, they have battalions of lawyers explaining to them how to avoid paying taxes. So, some of the major corporations in the United States have not paid taxes for at least five years whereas they are profitable companies. So, it's individuals, and it's people who are rooted, it is people who have an address that are paying the taxes, it's consumers who are paying the taxes, but corporations are not necessarily being socially responsible, if the first duty of corporations is to share in the collective expenditures of their own communities. And, this is where I think the so called CSR really falls short. Some are making efforts ecologically. Some are making efforts for their workforces and for the communities that they live in, but so long as there are no legal constraints, I think, it will remain a slogan which is what it is now.
by Susan George
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