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Wednesday, 28 June 2017

Can we trust big business? >>> Big oil, free enterprise and crony capitalism

The oil industry is a powerful lobby:
Futures Forum: The TransCanada pipeline >> “No water, no beer. No beer, no fun”

It has been part of the 'free enterprise' or 'neoliberal' think tank system from the beginning:

And joined others very soon after their inception:

One of the basic tenets of the 'free enterprise' agenda has been 'respect for property':

However, when it comes to drilling for oil or shale:

... these principles seem to crumble:

Besides, several basic principles of doing business don't seem to figure:

And we do have the issue of 'crony capitalism' which just won't go away:

Earlier this month, Evan Davis interviewed the former boss of BP on Radio 4:

The Bottom Line: Can We Trust Big Business?


1 JUNE 2017

Business and its place in society is a prominent issue at the moment. Zero hours contracts, executive pay, tax avoidance are all issues where opinion has shifted dramatically. Has Shareholder driven capitalism finally gone too far?

In a special programme recorded at the Royal Academy of Engineering in front of a live audience, Evan Davis talks to the former BP CEO, Lord John Browne on his thoughts about big business as it relates to society. And asks whether it's now time to trust big business?



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