Corporate Ethics - A Contemporary Oxymoron

To those trusting souls willing to leave their and their country's fate to the market forces of unfettered capitalism, please take a few minutes to read the situation of black South African gold miners who toiled under apartheid with no protection from the environmental hazards of their job.

It seems that Anglo American, the company responsible for the deaths and ill-health of the workers highlighted in the article, feels no obligation to pay compensation to the miners or their survivors, as evidenced by the following excerpt:

Anglo American says it is not responsible for the compensation claims because it owned only a minority share in the South African mines where the plaintiffs were working. It says it is “sympathetic” to the plight of the former workers and is working to find a “sustainable solution” so that they can obtain medical treatment and compensation benefits.

I interpret the second sentence to be only the meaningless political bafflegag everyone seems so fond of practicing these days.

You can read the complete story here.