I think corporations cannot be thought of as exactly “people”. While they are given many of the same rights as individual persons and are considered people under the law, they cannot be held to the same standards as humans since they don’t have exactly the same rights. People should act morally and ethically but are not forced to unless they do something that breaks the law. Corporations should be expected to act similarly but do not have as many laws and regulations on what they do. Corporations should be held to the same high moral and ethical standards as people but ultimately are allowed to act unethically if they choose to. It is up to a corporation to maintain its reputation and they should be allowed to do business with whomever they want, create products they want, or act immorally as long as it follows laws and regulations they fall under. Of course I do not hope corporations will act unethically but it is up to consumers to decide which companies to do business with and hopefully unethical behavior or partnerships won’t be tolerated. I do think businesses should refrain from doing business with immoral or unethical organizations or persons but if there are not regulations/laws to prevent this I think they should be allowed to. It is up to the leadership in a company, or the person/people who decide which companies and people the company works with, to decide what is moral and ethical for that company and what their threshold is for these partnerships.
I believe the government is responsible for keeping an even playing field for companies. It is dangerous when a company becomes too powerful, whether through being big or not. Monopolies are dangerous since they prevent any competition and can set prices however they want. I think they should stay illegal since they give one corporation too much power and control over the market and since there aren’t as many regulations and laws forcing companies to act morally, this can become very dangerous. This is becoming more and more difficult since tech giants are growing so quickly that the government cannot understand and keep up with the changes. These tech giants are innovating so much that it is hard for everyone to understand everything they’re doing and therefore harder to regulate these things. It could be beneficial to break them up or find other ways to regulate. Companies should be more heavily regulated to prevent these dangerous giants/monopolies. Business decisions can often lead to making immoral or unethical decisions in order to make a profit. This is why it is dangerous to give so much freedom to companies to make these decisions about morality. There are some laws that decide if what a corporation does is right, but I believe there should be even more in order to protect consumers. It is necessary to ensure fair competition between companies and it is up to the government to do this since companies are focused on making money, not helping or promoting anyone else.
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