Citing a businessman - Study guides, Class notes & Summaries

OCS-325 Week 2 Discussion: Externalities In Ch.3 Bakan takes up the economic idea of externalities (i.e. effects of transactions on third parties) and argues that the corporations’ tendency to externalize costs is at the root of many of the world’s social and environmental problems. He presents interesting examples, of cost-benefit analysis in the car industry (ex. General Motors) where passengers’ safety is concerned, of sweatshop labor in the clothing industry, and, interestingly enough,...

SOCS-325 Week 2 Discussion: Externalities In Ch.3 Bakan takes up the economic idea of externalities (i.e. effects of transactions on third parties) and argues that the corporations’ tendency to externalize costs is at the root of many of the world’s social and environmental problems. He presents interesting examples, of cost-benefit analysis in the car industry (ex. General Motors) where passengers’ safety is concerned, of sweatshop labor in the clothing industry, and, interestingly enough...