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the “people -power” …

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After reviewing Joanna’s blog on the current issue, Occupy Wall Street movement, I truly believe her point of view that this movement is an “absurd and foolish” protest. Although this movement is raising awareness of the huge distance between wealthy and poor, but the protest is seemingly emphasized on their personal situation rather than the public as a whole.

 

Joanna raised a really good point where these protestors are “a certain type of individuals” because in many situations, they have participated in previous protests merely for their “interest”. They do have their strong perspective on such hierarchy in society; however, can government accept this change?

 

Globally, the occupy wall street has ‘attacked’ many countries, but their strategy seems useless, and this week, governments are kicking them out of the crown land, forcing them to allocate their movement elsewhere.

 

In my opinion, this movement is a waste of time, money and energy. How much can they really get out of this? A less corrupted world? This fact is unchangeable, the world is ALREADY corrupted because of greed, this is a human nature. Even if government intervenes, it can’t put a law against people who wants to maximize their profit or utility.

 

Toyota faces the horrible downfall? – Business Ethics

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Very similar to the case – Tata Motor we studied in the second class, Toyota is recently facing the reputation downfall due to the sticky gas pedals. Toyota has recalled almost 9 million cars, while also confronting the prospect of paying charges and decline in profits. Although Toyota is only responsible for assembling the car together; however, the blame is still on them, yet the supplier of the pedals, CTS, is barely mentioned. Keeping a “good corporate reputation” is difficult, especially the “…quality control [means] daily vigilance” in the 21st century (Connor.Para.6, 21). Having to reinvest in creating better pedals and brand name destruction, Toyota is still willingly to take on the responsibility. “ [They] don’t want to get into any kind of a disagreement with CTS;” thus, Toyota has always been responsible for the cars as the supplier (Connor. para. 25).  Unlike many other companies who confront similar situations, Toyota actually showed their business ethics, and that accountability matters to them. In spite of all the difficulties they face, Toyota is openly apologizes to the public, accepting their faults and now improving on their sustainability. Maybe that is the reason why many consumers still rely on Toyota’s cars? 

http://business-ethics.com/2010/01/31/2123-toyota-recall-five-critical-lessons

Connor, Michael. “Toyota Recall: Five Critical Lessons | Business Ethics.” Business Ethics | The Magazine of Corporate Responsibility. 31 Jan. 2010. Web. 14 Sept. 2011. <http://business-ethics.com/2010/01/31/2123-toyota-recall-five-critical-lessons/>.