HTTP://WWW.STOPNATO.ORG.UK ---------------------------
A brief look at the Guardian's recent 'Giving List' Among all the league tables and the sport of naming and shaming there is a comparative newcomer � the Giving List. In the US since 1996 a league table known as the Slate 60 of the top American philanthropists has been published on the internet. An earlier list of Millionaire Givers ran into legal problems of confidentially and has not been published since 1994. The Guardian's Giving List offering us an insight into the generous and the stingy among the top corporations quoted on the London stock exchange. Much effort is devoted to giving capitalism an acceptable face. A new industry has grown up around the idea and the practice of corporate social responsibility (CSR). Better to give back to the victims part of the proceeds of exploiting them than to be too greedy and to get a bad name. It seems there are two views among supporters of capitalism about the best way to run it and secure its future. We may call these views hard-line and soft-line, although the protagonists rarely use those terms. The hard-liners date themselves back to Adam Smith, with extensions to his "invisible hand" by such as Margaret Thatcher, Milton Friedman and lesser-known luminaries in the "new liberalism". The basic proposition of the hard-liners is that the business of business is making money, not employing people or giving them charity. The task of companies is to maximise profit for their owners, the shareholders. Appeals for companies to feel responsibility for the welfare of other "stakeholders" � their employees, the local community, and the environment�can only detract from the bottom line. It is argued that widespread adoption of CSR would undermine the foundations of the market economy. The advocates of the CSR � the soft-liners � don't want to abolish the market economy. They want to make it stronger by giving it a better image. Their basic motive is still the promotion of "wealth creation" � capitalist code for profit making. Digby Jones, writing on behalf of the CBI, is frank about this: "Actions that affect beneficially on society create an environment where people feel safer, and this helps business" (Guardian, 6 November). Socialists don't take sides in any conflict between those who want "business" to accept more CSR and those who don't. CSR is just one among many ways of reforming capitalism. Time and energy spent on discussing the pros and cons of CSR is, from a socialist point of view, wasted and deserves to be put in the dustbin of failed reforms alongside nationalisation, public-private partnership, "fairer" taxation, and so on. But there is one thing about CSR that can be of use to socialists. The practice of social responsibility is at best an "add on" within capitalism (the system is more recognisable for its social irresponsibility). With socialism, social responsibility � concern for those doing the work, the local community, the environment � won't be an "add on" to the system � it will be a central feature of it. With the pursuit of profit and the subservience of workers to capital off the agenda, we shall be responsible for the kind of world we want to build and live in. jt www.worldsocialism.org __________________________________________________ Do You Yahoo!? Check out Yahoo! Shopping and Yahoo! Auctions for all of your unique holiday gifts! Buy at http://shopping.yahoo.com or bid at http://auctions.yahoo.com ==^================================================================ This email was sent to: [email protected] EASY UNSUBSCRIBE click here: http://topica.com/u/?a84x2u.a9WB2D Or send an email to: [EMAIL PROTECTED] T O P I C A -- Register now to manage your mail! http://www.topica.com/partner/tag02/register ==^================================================================
