It might not have been the CEO that set the policy but it's still "the corporation" in that the people they hire, and the way they think, is "corporate" - as in "make the most money possible, maximize profit". Setting fair prices is at odds with most American corporate mentalities. They don't care about whether people can afford it - they care about how much money they can make.
Same with wages, in reverse - "pay them as little as we can, to maximize profit". Employees are seen as a monetary drain on the company, something to be minimized (ie paid less...so there can be more profit).
There's nothing wrong with profit...but "profit above all else" should not be the primary goal of a business, IMNSHO.
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momijizukamori
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Date: 2005-09-23 07:15 pm (UTC)Same with wages, in reverse - "pay them as little as we can, to maximize profit". Employees are seen as a monetary drain on the company, something to be minimized (ie paid less...so there can be more profit).
There's nothing wrong with profit...but "profit above all else" should not be the primary goal of a business, IMNSHO.