Problem

Accountability based solely on profit


Experimental visualization of narrower problems
Other Names:
Unreliability of profit as a social indicator
Unconstrained profit-making priority
Nature:

The overemphasis by the means of production on their profitability so severely narrows the field of productive accountability that it becomes virtually impossible to respond to other production values.

Incidence:

The policies of governments, such as the USA, UK and Germany, in the period leading up to the Gulf War reveal a pattern of decision-making almost entirely influenced by the need to maximize trade by their corporations irrespective of any intelligence information concerning the military ends to which the traded goods would be put. The welfare of national trading corporations was recognized as the highest priority, even though the high tech hardware sold dangerously empowered Iraq.

Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 17: Partnerships to achieve the Goal
Problem Type:
F: Fuzzy exceptional problems
Date of last update
19.03.2020 – 20:10 CET