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overtheedge
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Why CSR Makes Sense for Communities, Companies and Investors - The Gold Report -

Social license?
Nay, it is social blackmail.
Unlike most, I have lived and worked for 5 years in a company town where social license was endemic.
Yes it creates a atmosphere of sociability, but entirely shields the community of the actual costs of operating the various programs.
When the costs are transferred to members of the community, the programs are dropped.
Social license is a subsidy that in the end destroys the community.
And few will ever realize that the demands of seeking social license is the evil child of NGOs and socialists.

In rural Alaska, social programs are dropped the moment the subsidies are cut off.
Then discontent runs rampant and the community fractures.
Those few who used their wages to create businesses that depend on community often are made pariahs once the gravy train of social spending falters.

Social license and its evil auntie, corporate social responsibility, are blackmail.
The corporation pays wages.
It is up to the wage earners to fund whatever they want, desire or need.

In my small predominantly government wage and welfare supported community, small businesses are routinely hit up for donations for fairs, scholarships, after school activities, etc. Where do you suppose the money comes from? It is effectively a tax on all consumers who are forced to pay for a special interest group's sacred cow.
Subsidies based on social responsibility are evil and are unsustainable.
The only subsidies that make sense are those that should increase productivity.
Everything else is just socialism by blackmailing corporations.
Shame on you for putting lipstick on a feral pig.

If you want it, pay for it yourself and leave your employer, friends, family and community members alone.
Otherwise you are just another thief masquerading as another benevolent communitarian.
And yes, in the USA I am in favor of repealing 26USC501 in its entirety
If a donation is tax free, someone else has to make up for the lost taxes..

Commented 3036 days ago

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Beginning of the headline :Mining companies and their shareholders have come to the realization that doing the right things in the communities where they operate is important for a lot of reasons, including the bottom line. Mining executives also tell The Gold Report that the most effective corporate social responsibility (CSR) programs are orchestrated cooperatively instead of applied prescriptively. The emphasis of mitigating the economic, social and environme... Read More

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