Eui Sung (Andy) Hwang, Business ethics.

 

 

Ford is one of the most well known motor company. Ford has been a paragon of businesses by achieving great success. However, the case of Ford Pinto explicitly shows that the companies that are only focusing on yielding profit are merely social evil.

 

Ford Pinto was very popular during mid 1970’s with efficient engine and new style of design. Furthermore, 1970’s was suffering from oil shock and compact or smaller cars were relighted due to their relatively less amount of oil usage. However, there were about 500 Pinto drivers who died from burn injury even though those cars were not quite severely crashed. The reason was the Pinto’s fire-prone gas tank. Pinto’s gas tank’s ‘fire-prone’ problem was actually found by Ford before the launch of Pinto. Nevertheless, Ford’s executives figured that the cost of remodeling the car would be costing way more than taking lawsuits from estimated number of victims. In other words, they put prices on persons. Unfortunately, for consumers, Ford successfully lobbied the government to not regulate Pinto’s gas tank until the truth was revealed after deaths of innocent consumers.

If a business is willing to make profits taking a risk of killing people, how is this different than armed robber in a bank?