What is one basis of Christopher stones argument that is not sufficient to ensure corporations do not good towards society

Answer 1

One basis of Christopher Stone's argument that is not sufficient to ensure corporations do good towards society is the assumption that corporations will prioritize social responsibility on their own accord. Stone argues that corporations will act in the best interest of society because it is in their long-term economic interest to do so. However, this assumption does not take into account the potential for corporations to prioritize short-term profits over long-term social responsibility, especially when faced with pressure from investors or competition. Without proper regulations and accountability measures in place, corporations may prioritize profits over societal good, undermining Stone's argument that self-interest will inherently lead to social responsibility.