A couple of decades ago the once prosperous small American town of Flint Michigan, was crushed. Were you to walk down a residential street in Flint, you would see boarded up vacant houses where families once lived. Front lawns that, not to long ago, had children running, laughing, and playing hide and go seek on them, are now unkempt and silent. Were you to look hard enough, you may even see a tumble weed blowing slowly down the street, on it's way out of town like the many families before it. In short, Flint has become a ghost town. What happened in Flint? Was there a war, a famine, or some deadly disease? No, nothing like that. What happened in Flint can't be attributed to any of those things, but it can be attributed to something that many people consider just as potentially dangerous as war or famine. What crushed the small town of Flint was a lack of business ethics.
Flint was a town centered around the General Motors car company. Much of the population supported themselves through working in the various jobs that the factory offered. Most of the rest of the town supported themselves by selling goods and services to the people who worked for GM. One day Gm decided it would be best for the business if they packed up and left Flint, so they did just that. As I described above, the effect was devastating to the town. GM laid off 40,000 people in Flint when they closed their factories, not because they didn't have enough money to keep them open, but because, by moving to a cheaper location, i.e. Mexico, they would put a few extra dollars in their shareholders pockets. What happened in Flint is one of many situations in business that have caused the question of whether or not businesses should be socially responsible, to be a widely discussed and debated one.
Of course businesses should be socially responsible. They are a part of society, and, like the rest of society, they need to function in a way t...