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passage 3
P1
Many people complain about corporations, but there are also those whose criticism goes further and who hold corporations morally to blame for many of the problems in Western society. █████ █████████ ██ ███ ████████ ██████ ███ ██████████ ██ ███████ ████████ ███████████ ███ ███████ ██ ███ █████ █████████ ████████ ██ ██████ █████████ █████ ██ ████ ████ ████████ ███████ ███████ ██████ ██ ███████ ████ █████████ ████ ██████████ ██ ███ ██████ █████ ███
Some people's view ·
Corporations are immoral when they ignore their impacts on the public good
Economists' view ·
Shouldn't apply ethics to economics
P2
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Context ·
Corporate responsibility
Corporations aren't inherently moral/immoral. Instead, corporate responsibility is made up of employees' individual responsibilities.
Context ·
Corporate structure
CEO has obligation toward corporation's owners
P3
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Economists' view ·
One responsibility of CEO: maximize profits
Meets CEO's obligation to owners and also serves public good
P4
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Author's criticism ·
Economists are wrong
Premise ·
Maximizing profits doesn't always serve public good
E.g.: maximizing profits for paper mill can harm public good
Premise ·
Public good outweighs obligation to maximize profits
CEO should serve public good even when it's not in owners' interest
Passage Style
Critique or debate
19.
With which one of the █████████ █████ ███ ██████████ █████████ ██ ███ ███████ ██ ████ ██████ ██ ██████
a
Even CEOs of ██████████ █████████████ ███ █████████ ██ ████████ ████████
b
CEOs of owner-operated █████████████ ████████████ ██████ ████ █████████ █████ █████████ ██ ██████████ ████████
c
Owner-operated noncharitable corporations ███ ████ ██████ ██ ██ ██████████ ████ █████ █████████████
d
It is highly ████████ ████ ███ ███████ ██ ███ ██████████ ███ ████ ███████ ███ ███████
e
CEOs should attempt ██ ████████ ███████ ██████ ████ ████████ ██████ ██ ████ ██ ███ ████████████