When I said socially conscious capitalism I implied social capitalism...which if you read my understanding and definition of the term, is "socially conscious." I'm sorry if you didn't understand what exactly I meant, and I agree the term is very loosely defined but I think my definition is pretty good. Smart business
to you and to me is obviously a different concept. I am concerned both with the future and with the now of a business, while you are primarily concerned with the now. Neither are right per se and neither are wrong.
As for seeing shades of gray...I don't think BP is evil and I don't believe I said that in this thread (if I did it was a mistake but I dont think I did)...You insinuated I was calling these companies evil and that's not true. That's what I meant when I said that I hate when people boil things down to black and whites. I don't hate these companies, rather I am dissapointed by their irresponsibility with a limited energy supply. This is the reason I did comment on this commercial:
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Originally Posted by philanderer
That's all I am saying...I realize what they are doing is good, but I have to say no one would be quite so satisfied if a cigarette company invested so little of its money into child smoking prevention. I think to make a commercial touting yourself as a leader in new energy you have to care more than BP does...
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Plus by bringing attention to a company that at least has done some good I think that the other companies like Exxon are made to look even more irresponsible. It is good business for these companies to keep their profits or invest them back into oil in the short term, but in the long run it is bad business not to invest any or a very small portion of your profit into the future of your market dont ya think?