To track some personally noteworthy events, observations and thoughts, letting them age and savor/regret them again a long time later.
Thursday, February 26, 2015
Petrol profiteering in not illegal, so?
The oil companies here calculated they could get away with this and so they went ahead and did the dastardly act. In fact they have never stopped trying to make suckers out of us with the government looking the other way. Government believe that what is good for business is also good for us and fail to sense that it get less and less true with the years. CASE is more a business than a consumer friendly organization helping business to be long term greedy because that is more sustainable than short term greedy. Without a little moral constraint from CASE, businesses will compete with each other going overboard over charging us. There will be a huge backlash and laws will have to be passed. Long term greedy is cleverer.
But CASE is losing its case as businesses rapacious appetites keep growing.
In this shameless age, who cares about ethics anyway. Winning out ranks ethical behavior now. Shame might even become an anachronistic entry in our dictionary eventually.
You want businesses to behave, you have to be prepared to pass the laws and enforce it. Or you could wait for consumers to be up in arms and pay a stupid political price.
Our greater loss is the sense of shame. Honor died long before we buried shame. Where is Lim Siong Guan?
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not only shame, calculative, revengeful, prideful
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