As the chemical spill
in the Elk River drifts downstream and more and more West Virginians are
turning their taps back on, and as the story drifts off the front pages of the
press, a few questions remain.
|
Safe to drink yet? No one really knows. |
While
we still have a fuzzy understanding of what the chemical 4-methylcyclohexanemethanol
is and remain uncertain of its toxicity, the EPA is uncertain as to how much of
the licorice smelling substance leaked into the river. Officials acknowledged
that they don’t know how much of the substance may have leaked into the soil
with the potential of seeping into the river if there aren’t proper clean up
measures implemented.
The
West Virginia legislature has been quick to aide small businesses affected by
the spill. HB 4175, the “West Virginia Small Business Small Business Emergency
Act,” has already passed the West Virginia House of Delegates and would allow
for small businesses to apply for grants and low or no-interest loans. Small
businesses could also defer paying state payroll and sales taxes.
I
don’t disfavor helping small business. In this economy, a disruption of a
week’s business could be a make or break situation. But the monies that would
be helping these businesses would be coming from state tax dollars. In essence,
with this bill, the people of West Virginia are going to be asked to compensate
businesses because of an industrial accident of a poorly regulated corporation.
Isn’t there a sense of robbing Peter to pay for what the corporation Paul is
responsible for?
And
it’s curious that this is the first bill to come out of the West Virginia
legislature after this accident. What of legislation to avoid such accidents in
the first place? Wasn’t West Virginia urged to do so years ago?
Finally,
I found this over at Forbes. Ken Silverstein, at the business oriented
publication calls for “corporate social responsibility,” saying that:
Devoted
corporate citizens are endearing themselves to not just their shareholders but
also to the communities where they live and conduct commerce. In turn, they are
validating their brands and adding value. Conversely, cutting corners and
evading responsibility diminishes their goodwill.
Well, well, well. I
guess that Silverstein thinks that if we just left businesses alone, they,
through their self-enlightened ways, would always do the right thing and soon
we would be living in an Ayn Rand utopia of environmentally friendly corporate
profits.
I
don’t dismiss what Silverstein says out of hand. There are many good people in
charge of companies who want to do the right thing. But there are enough of
them—and this spill gives us a good example of one—who are willing to cut
corners, to disregard worker safety and health, to consider the environment as
only a source for timber and minerals. This is why we need laws and regulations
to make sure that they don’t hurt people or the environment.
Most
employees won’t steal from their employers, but we still have embezzlement laws
to punish the no goodnics who do try to enrich themselves at their employers’
expense. Few people want to hurt other folks, but we still have laws against
assault and murder to safeguard us against those who would.
It’s
the same with business. Maybe we don’t need laws to keep us safe from Kumbaya
Incorporated, but we should have some safeguards for the companies that aren’t
so enlightened.