Tuesday, February 26, 2013

Response to Parker Hayes Post

Do you think government agencies are always thinking about what is best for the consumers? Or is there something or someone else at the top of their priority list?

I believe that government agencies are not always thinking best about consumers. In any type of system of structure that involves money and power there will always be some form of existence of corruption. No structure is perfect, and thus even in government agencies policies and rules will be put in place that will not have whats best for the customer in mind, but what's best for the company. While these imperfections are unavoidable the existence for these agencies is still necessary because without them then there would be no one thinking about what is best for the consumer in ethical terms. While companies do self regulate, it is more the fear of getting caught doing something wrong and paying for it than the actual well-being of the customer--especially when it could negatively affect their profits.  

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