well, since this economy has moved past the local mom and pop outlets that basically covered all of our needs and everybody knew everybody................the market in fact "DOESN"T" correct these sort of problems. This exact same argument has been used to me by Misces capitalists who espouse a complete capitalist society, the private ownership of EVERYTHING.........no government.
So I was told that if a private company started dumping toxic waste into a river somewhere on the east coast, that even all the way over on the west coast people would find out about this and not buy their products........ie market correction. Well sportsfans, this is a dream.......a whisper in the wind. Do you fathom how many consumer choices we make on any given week, let alone a day?? Are you suggesting we are to consult some consumer index of proper industrial ethics for EVERY LITTLE SINGLE PURCHASE?? Think about it, think of everything you buy in a month.............how many different companies do you think you're buying from?? And you think you can check out all of them even under the ideal circumstance that someone is actually really keeping track of every company out there and what they're doing?? so back to the original topic..........just how well would the market really correct a racist company? I can see for "high profile" companies whose business practices might be talked about on the nightly news...........but what about the people that make your shit paper? your vitamins, your bug spray, whatever, I mean the list fuckin goes on..........it would be a MONUMENTAL undertaking to track all this bullshit let alone put it down cogently in some sort of consumer index. And now with globilization it's going to be near impossible.