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- Written by: Kamran Mofid
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Business won't be ethical until it shares society's values again
“Have we got the picture now? In banking it seems it's entirely fine to twist an entire system to secure a commercial advantage, turn a blind eye to moving large amounts of dubious money without question, and, in your spare time, construct products that are so inherently unstable that they can bring down whole banks and economies. Damn the rest of us.
Oh yes, and, as if Barclays' and HSBC's antics are not enough, we find a large company like G4S can fail to fulfil a major commitment at a time of intense national pride and yet still collect their management fee from the taxpayer. Are we being mugs here? How much more can we take? Or have we become inured and accepting of corporate arrogance? Asks David Jackman, writing in Independent on Sunday (22.7.12)
I fully agree with Jackman’s remarks when he says:
“The solution lies in a number of steps that explicitly focus on building a corporate maturity and bridging a connection between corporate aims and broader social objectives.” Or “In the same way, the deferring to the mantra "the market will decide" is a similar cop-out. The market of itself is capable of deciding nothing.”
And now please see what I had written years ago, well before the emergence of the financial meltdown of September 2008:- Details
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Private hospital told doctors to delay NHS work to boost profits
A private hospital which accepts NHS work has instructed its doctors to artificially delay operations on non-paying patients to encourage them to pay fees
“Bernie Creaven, executive director of the private BMI Meriden Hospital, Coventry, had ordered an immediate four-week postponement of operations on NHS patients referred to the hospital, which will be extended to a minimum of eight weeks by September.
…"I believe time to access the system is the most critical factor for private patients converting to NHS patients," she wrote. She added that "other aspects of differentiation" would be introduced over the next few weeks to make NHS treatment at the hospital relatively less attractive.”…
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For further reading see:
The Crimes of Outsourcing, Workers Exploitation, Huge Profits, Bonuses and the Hell with the Masses!
The shaming of privatisation and deregulation, the so-called neo-liberalism
The Crimes of Outsourcing, Workers Exploitation, Huge Profits, Bonuses and the Hell with the Masses!
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- Written by: Kamran Mofid
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After G4S, who still thinks that outsourcing works?
Confidentiality clauses and fiendish complexity in contracts for public services create moral hazard on a grand scale
…”Exactly a year ago the Cabinet Office published its "open public services" white paper, the masterplan for dismantling the state, with "any qualified provider" the default deliverer of virtually every public service. The Cabinet Office is the ideological hub of the Cameron government's mission to dismantle the state. For fear they might only get one term, as governments everywhere are routinely ousted, they are dashing to secure that indelible legacy. The plan is to outsource so much that reconstructing public services will be impossible in future. Seeing how easily their cuts rubbed out Labour legacies, they have redoubled their intent to leave an ineradicable stamp with this biggest wave of outsourcing ever.
David Cameron warned any civil servants standing in the way of bidders: "If I have to pull those people into my office and get them off the backs of business, then believe me, I'll do it." If the G4S slogan, "Securing Your World", is embarrassing, Cameron's state-demolishing mission faces even worse reputational damage.”…- Britain Today: People’s democracy? Oh no! It’s all for the barons
- The shaming of privatisation and deregulation, the so-called neo-liberalism
- Neo-liberalism, privatisation, de-regulation, profit maximisation, cost minimisation and the Security of London Olympics
- Harrowing picture of post-capitalist America: The 'sacrifice zones'
- Britain engulfed in corruption: Wandering through the Wasteland, Time to Return to the Promised Land