The owners of any business are free to create whatever business environment they want to create. The market is supposed to punish or reward them accordingly.
The owners of any business are free to create whatever business environment they want to create. The market is supposed to punish or reward them accordingly.
The job market, too, is a market.
The market won't give you the solution you seek; the issue does not impact profitability enough.
Plus, most other companies will refuse to supply goods and services to it lest they feel the backlash of catering to racists.
Not exactly a feasible venture.
See e.g. https://en.wikipedia.org/wiki/Criticism_of_Coca-Cola#Investm...
Actual experience has proven beyond doubt that boycotts don't work, and even if a company has blood on its hand, their deeds are quickly forgotten.
But you can't bring up the Apartheid and not dig through a huge history of companies, countries and people explicity or implicitly supporting it.
Doesn't justify anything of course but Coca-Cola wasn't the only company doing it
Didn't change much.
> Doesn't justify anything of course but Coca-Cola wasn't the only company doing it
That's my point, though. Plenty of companies have engaged in abhorrent acts, with little meaningful consequences to them. The market is not good at solving these types of problems.
Really cause that's a boilerplate libertarian argument.
Google is being sued by the Department of Labor for violating a gender discrimination regulation: https://www.theguardian.com/technology/2017/apr/07/google-pa...
These companies behavior has nothing to do with the free market. It is a response to government regulation.
That said, don't expect the market to give you a solution that's fair to people - the only one you'll get is the one of maximum profitability under implicit rules of the current culture. Those are very much not the same things.
People get easily outraged - which can and does end up with individuals getting hurt - but they also quickly forget and move to next issue. See also the arguments why boycotts generally don't work.