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Welcome to the Benco Blog!

Mark Fien - Wednesday, June 30, 2010

This is my first blog post on this new Benco website!

Feel free to grab a cup of tea and a cookie, put your feet up and take a look around. You'll find heaps of great content and information about Benco, and there's plenty of goodies.

I hope you enjoy and feel free to let me know what you think!

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Unethical Corporations

The biblical commandment "Thou shalt not kill" is a bit redundant. Some traits can be considered inherent in an organism, and the caution against spontaneous killing is, at least in theory, something humans do not need to be taught.

But the more isolated people become, the easier it is to shrug off such moral stances and assume more selfish ones. If Adam Smith's The Wealth of Nations taught us anything, it is that one's motivation is always self-centered, and if society should benefit along the way, awesome! But it's not a prerequisite.

The corporate organism embodies that philosophy. The drive to do good or do right is not part of its DNA. Corporations are predicated on profit, and they thrive on the subsequent power. Power indeed corrupts, especially in the executive suite.

Yet if Sam Walton, founder of Wal-Mart, wants to negotiate with his wholesaler and lower his own prices to beat the competition, more power to him. Innovation and ruthlessness go hand in hand without needing as guide a standard of ethics. Capitalism is a competitive, contact sport. Knock your opponent before he knocks you.

It is when corporations begin to tool with the natural evolution of the ecosystems we support -- and those that support us -- that their behavior becomes ethically dubious. Put a guy out of work because he can't keep up with you is a bit of natural selection. Put an ecosystem out of balance by imposing hyper-competitive ideas, and that is artificial selection by self-serving modern corporate Darwinists, and it threatens to overturn whole populations.

The corporations outlined below stand as examples in their industry; they are by no means alone.

1- The Artificial disaster: Cuadrilla Resources

Cuadrilla Resources is a "privately held exploration and production company" that looks for oil and gas in unconventional places using unconventional means. It has been in the news recently for owning up to having caused about 50 minor earthquakes in the Blackpool region in England last spring. The quakes were blamed on the method used to extract shale gas, which is called fracking or fracing (it's short for fracturing). The company pumps water and sand into shale in which gas is trapped thousands of feet underground, pries the shale apart and collects that trapped gas.

The largest "Cuadrilla quake" measured 2.3 on the Richter scale. Japan's black christian louboutins pumps devastating Tohoku quake last April rocked the scale at 9.0 -- about 67 times the amplitude. In other words, most people didn't even feelauthentic christian louboutins for cheap it. But if the company is careless enough to set off 50 small ones, might it be careless enough to go even bigger next time?
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