Tuesday, February 7, 2023

Nestlé’s Blatant Misconduct Shows Us the Darkness of Capitalism

 

Nestlé corporations food monopoly Switzerland crime corruption finance banks population control harms injuries infanticide agriculture finance business unaccountability

From inventing the need for mass-scale baby formula leading to the deaths of infants, to redirecting much needed water from impoverished areas to bottle and sell back to the same communities, to exploiting child labor and slavery, Nestlé will stoop to any moral low to make a buck.

Corporations like Nestlé are essentially doomsday machines: man-made creations that will ultimately destroy humanity if allowed to continue as they are. Multinational corporations are required by law to place the financial interests of shareholders above all other matters, even if that requires them to prioritize the bottom line above the common good. In this nightmare of our own creation, if it is more cost-effective for corporations to commit mass atrocities and pay a fine, than to not commit atrocities, the corporation is compelled to commit atrocities to ensure shareholder returns.

Further, this maximization of profit through unhinged business practices and investment tactics creates a cycle of destruction further fed by governments and institutions relaxing rules to entice companies to do business in ways that financially benefit that government. This enables the businesses to create more profit by cutting corners around labor rights, safety protections, and environmental standards. As negligence is further normalized, governments must entice businesses with more concessions, which encourages even worse behavior from corporations. Governments and business then race each other to the bottom in a destructive spiral that harms everyone.

In the Unites States, corporations claim a legal status as if they were human beings. While this is a fictional concept, if the corporation Nestlé were a person—Nestlé would be the worst kind of person, someone you would never want to be in the same room with. Nestlé is the American Psycho of corporations.

Yet, a company like Nestlé only exists because of the acquiescence and facilitation of its gross misconduct by governments and society. This case study on Nestlé’s business practices highlights some of the most egregious behavior by corporations.  (more...)

Nestlé’s Blatant Misconduct Shows Us the Darkness of Capitalism


No comments:

Post a Comment