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Friday, September 07, 2012

THE PROFIT MOTIVE IN ACTION

It is now two years since the horrific explosion that led to the deaths of 11 oil rig workers in the Gulf of Mexico and the largest oil spill in US history but it is still being fought over in US courts. "The Department of Justice filed a sharply worded brief with a court in New Orleans yesterday that accused BP of systematic management failures and a "corporate-driven, profit over safety" culture." (Times, 6 September) There is a lot at stake in this legal battle. If the events of the oil spill are judged to be an accident BP could be fined £4.5 billion but if its employees are found guilty of gross negligence BP could be fined £21 billion, followed by almost unlimited punitive damages. Behind the niceties of the legal struggle one thing should be apparent though. Every company inside capitalism has a "corporate-driven, profit over safety" culture. RD

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