I usually have conflicting feelings about private companies. I don’t totally agree with the food industry, oil and mining companies and clothing companies. I think those companies can do much better in their practices keeping in mind their impact on environment and society.
I am aware that we are living in a consumerism world and I have to admit I consume many of those big brands products. However, I am now very careful when shopping as I am aware of what is it behind those companies and how they do their products.
As economist I understand that companies are made to make profit, that they should minimize cost in order to maximize their profit, that they should take any advantage they see out there to innovate and create more businesses but I can NEVER agree with them when all these economic principles are above humanity.
I have seen and read many cases…
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