Apparently those legislators attending lobbying sessions on Maui felt coastal communities in California weren’t fancy enough for them. Once again, the best politicians corporate money can buy being paid off to look the other way while their constituents literally go up in smoke. These legislators should face recall. They are crooks.
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At the heart of every problem we face today, when it comes to corporate responsibility to the communities served as well as the nation, is the complete and utter distortion of any basic social and business ethics.
It didn't used to be this way. Until the 1960's it was widely accepted among the business community that businesses have a responsibility to the communities they serve, as well as to owners, shareholders, etc.
Now, it is the norm for corporations to shirk any and all responsibility for the problems they create, no matter who they've harmed. Money in politics, or lobbying, is the main tool by which companies offload the problems they create onto the rest of us and that is in addition to the lobbying, purchase of politicians and parties in order to gain fiscal advantages, up to and including the scam that is the Tax Cuts and Jobs Act of 2017.
PG&E should be prevented from filing for bankruptcy. If that isn't possible, California's Attorney General should be in bankruptcy court fighting the filing. It is inconceivable that PG&E can spend millions of dollars to pre-absolve themselves of any responsibility for their incompetence and when a catastrophe happens, just leave thousands of people in the lurch with real losses and cause even more expenses in the process.
The change in ethics practices traces back to Milton Friedman's Capitalism and Freedom. It is an abomination.
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From Milton Friedman to Ronald Dworkin: economics for hedgehogs
https://wp.me/p2KJ3H-1DG
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