Is This Beyond the Pale

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Goldpick said:
As long as we have a capitalist society and value adding for shareholders, I doubt much will change - profit comes before anything else, including their social responsibility. With boards and CEO's looking to squeeze more profits from somewhere, it seems easier to hit those that can least afford to cop it vs truly adding value to the company by other means. Under pay your employees for a few years or pocket some of their super entitlements and that should add up to a tidy sum, not to mention the bonuses reaped for doing so - it's not like the penalties are enough to dissuade them from doing so, more than often just a drop in the ocean. You can always blame it on a computer error, always a handy way of deflecting direct responsibility.

What's the point of corporations rorting say 50 million from employees or suppliers over several years, and as a end result receiving a slap on the hand 7 million fine. It should have criminal repercussions attached to the financial penalty, and it should be strictly enforced to regain the trust and confidence of those affected.

Despite large corporations claiming that they adhere to their professed social responsibility, sadly I see little of it being practiced in recent years.

Fully agree, but the problem goes even further than big corporations. It goes into our whole lifestyle and legal systems. I am so against any form of "recreational drug use" it's not funny, make the crime not worth the risk, for drug traffickers, death, automatic.
For directors of companies like Coles, back date fines,ie: director/ceo for the last 5 years, pay back all of the salary/shares/bonuses + fine =

If they don't have cash, take assets including home and superanuation
 
I am talking about an unheard or practiced action they have never seen before!
I doubt they even have a strategy plan to combat it.
It would undo their monopoly of their buying power!
Swinging towards the peoples choice!
Never been done before!
A case of first in wins wins the votes/$$$ and rewards from such.
It's your vote/$$$ that dictates the outcome!
 
Hey, but it has to start somewhere!
Our voice has been stripped.
No real referendums...
But your $$$ is the influence!
Bottom line of how it works.
It doesn't mean boycotting all imports to start with.
BACKING YOUR $$$ on a small thing , makes them think twice!
Strategy marketing!
They ARE very clued up of it.
Our laziness and culture breed this.
An import item might 10% cheaper to buy, but the profit margins might be 40% more!
So more profitable to sell a cheaper item.
 
Greed is a very powerful word!
The Oxford English dictionary could not hold enough descriptions of its meaning!
White man thing!
 
Boycott Coles to support Woolworths ! Would that be the same woolworths that having sent blockies on the river murray broke by screwing them down on price, then come along and offer to supply them with fruit trees and water ( they own mega amounts of water ) and pay the blockies a pittance to look after the trees on their own land.
Give me a break. Foodland, IGA or Foodwoks get our business here in SA. I won't eat anything my wife buys from Woolies or Coles. I used to sponsor groups in the Clare Valley (no coles there) but woolworths never gave a bloody razoo to anyone then get a half page in the local paper how they gave the school some fruit. BIG DEAL.End of my rant
 

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