#2781: Why “Corporate Social Responsibility” is A Joke

I will be sharing with you two different definitions of Corporate Social Responsibility (CSR) from Investopedia and Oxford Research Encyclopedia. Let us differentiate the two definitions, today. First, CSR is for a company to be socially responsible, it needs to be accountable to itself and its shareholders. For the latter definition, CSR is a legitimate responsibility to society. CSR goes beyond the legal, ethical, and financial obligations that create profits.
Today, let’s talk about why this whole concept of CSR is garbage.

Show notes:

[13:58]#1 Your success does not mandate that you give charitably to others who have not achieved the same level of success as you have.

[27:12]#2 CSR is a social justice “woke” term that is based on someone having more, being indebted to people who have less.

[36:22]#3 The entire concept of social responsibility is a slippery term whose definition can be changed as needed.

[44:23]Recap

Episodes Mentioned:

2385: Why The Dictionary Matters

1788: Destroying “Antiracism” [Pt. 1 of 4]

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