PHIL215 Lecture Notes - Economic Democracy, Barter, Legal Personality
Document Summary
Tuesday, january 31, 2012: con"t whistle blowing, the corporation , general reflections. Apotex pharmaceutical company: publicly listed, do a lot of good. Nancy olivieri doctor and researcher (md & phd: specialty pediatrics (dealing with children, works at uoft and sick kids. Olivieri was in charge of the trial. She can only stop the trial with apotex"s permission. Whistle blowing in the past was considered a terrible thing, people got punished for doing the right thing. However, times have changed example: enron"s case sharon watkins whistle blew and was named woman of the year in times magazine. Enjoy unlimited liability that is why the corporation is considered a legal person. Barter system ( good for good, favour for favour) Enormously productive (gets incentives right karl marx says this is true) Efficiency and timelines of production (market driven vs. government predicted) Probably greater innovations and new technology (as inventors chase profit)