For Responsibility, Occupy Government as well as Wall Street
Want more CSR? Demand more from government
Submitted by: Dr. Michael Hopkins
Posted: Oct 19, 2011 – 03:50 PM EST
By Dr. Michael Hopkins, CEO, MHC International Ltd.
It is a sad fact of our times that strident action with a hint of violence gains more attention than peaceful words. Today’s protests of Wall Street and big business certainly have a rationale as the distribution of income worsens in our major economies and the drivers of this mess, banks and financial institutions, emerge unscathed.
For many years the twin ideas of free markets and social responsibility to curb the excesses of the former have been in vogue. Believe it or not, the model has actually worked for many large corporations. As ever, those who pretend to act responsibly and some of those through published social or sustainability reports, have not helped an increasingly skeptical public – Enron, WorldCom, Madoff, Lehman Brothers, TepCo, etc. – to see that a radical change is taking place among many corporations – General Electric, Nestle, IBM, Ford, being some of these.