Is capitalism antithetical to corporate social responsibility, and do we need ne

Business & Finance
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Is capitalism antithetical to corporate social responsibility, and do we need new rules of the game?

Aug 29th, 2015

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Capitalism is type of economic system  in which ways of production are privately owned. its a system that exists currently all over the world. The  field of corporate social responsibility has been embraced my many corporate organizations in the world. it may be reasonable to argue that CSR is a n idea of Capitalist  in the current world  because when we look at the 18th century, Socialist  came up with a form of responsibility to the society which later was convinced by capitalist which came to rule all the world corporate organizations. 

Corporate organizations support social responsibility .............................. Continuing

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Aug 29th, 2015

Corporate organizations support social responsibility but in an convincing way, they don't want to show it. A survey conducted by Davos (mostly business leaders) named CSR as  the least  important consideration than Profit.  Its therefore evident that Capitalism is antithetical to social responsibility. Capitalists does not put much resourses  in embracing CSR but are more concerned about the progress of the company,

New regulations are beneficial in every aspect of economy , protests ,government pressure enabes a corporate organization to behave in a manner that show how they appreciate the owners . Rules play a crucial part in removing any  barriers of development. China for example implemented regulations (Capitalism) that upto date  has seen the country move forward.

Aug 29th, 2015

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