QuestionJune 2, 2025

A criticism of the Kantian argument for the Walmart and the Standard Economic Model is that the shareholders do not own the firm because 1) Just because consumers are getting low priced goods, does not mean that they are happy 2) The shareholders own the firm - but not in any kind of a legal sense 3) They are only in danger of losing as much or as little as they invest in the firm

A criticism of the Kantian argument for the Walmart and the Standard Economic Model is that the shareholders do not own the firm because 1) Just because consumers are getting low priced goods, does not mean that they are happy 2) The shareholders own the firm - but not in any kind of a legal sense 3) They are only in danger of losing as much or as little as they invest in the firm
A criticism of the Kantian argument for the Walmart and the Standard Economic
Model is that the shareholders do not own the firm because
1) Just because consumers are getting low priced goods, does not mean that
they are happy
2) The shareholders own the firm - but not in any kind of a legal sense
3) They are only in danger of losing as much or as little as they invest in the firm

Solution
4.5(230 votes)

Answer

1) Just because consumers are getting low priced goods, does not mean that they are happy Explanation The criticism highlights that ownership does not equate to control or responsibility for the firm's impact on stakeholders. Shareholders may benefit financially, but this doesn't guarantee ethical practices or consumer satisfaction.

Explanation

The criticism highlights that ownership does not equate to control or responsibility for the firm's impact on stakeholders. Shareholders may benefit financially, but this doesn't guarantee ethical practices or consumer satisfaction.
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