Upside down priorities

Dear Editor:My response to Laura McKnight's "A Charitable Way to Shore Up the Bottom Line" (The Downey Patriot, 4/14/11), and the response of thousands of economists (not the three in her study), is that the greatest degree of "social responsibility" a corporation can demonstrate is to offer a product or service that satisfies the demands of consumers. The consumer is benefited, the employees of the corporation/business are benefited, and the economy-at-large benefits from increased economic activity, which benefits us all. That the corporation might then generate funds to pay its investors - dividends - and then support charitable activities in the community would be a plus. But, first, they have to make a profit! She has her priorities upside down. -- Drew Kelley, Downey

********** Published: April 21, 2011 - Volume 10 - Issue 1