Paul Krugman: “No doubt I, like anyone who points out ethical lapses on the part of some companies, will be accused of demonizing business. But I’m not claiming that all businesspeople are demons, just that some of them aren’t angels.
There are, it turns out, people in the corporate world who will do whatever it takes, including fraud that kills people, in order to make a buck. And we need effective regulation to police that kind of bad behavior, not least so that ethical businesspeople aren’t at a disadvantage when competing with less scrupulous types. But we knew that, right?”