The invention of corporate responsibility
Nov. 25th, 2019 10:06 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
timelets“But until 1982 companies did not recall products; their practice had been to deny responsibility. Junior employees in Johnson & Johnson had the confidence to take this initiative, which committed the company to a liability of around $100 million, because they had understood from that Credo that their priority was to the users of Tylenol.”
-- Paul Collier. “The Future of Capitalism.”
related https://en.wikipedia.org/wiki/Chicago_Tylenol_murders
