Businesses with ties to the Xinjiang province in China find themselves at a junction.
Caught in debates concerning Uyghur people being the victim of modern slavery and genocide, they must deal with concerns expressed by Western governments and human rights groups, and an increasingly agitated Chinese Communist Party.
Some commentators have suggested that foreign companies that (in)directly profit from the systematic exploitation of Uyghurs in China must choose between profit and principle.
It seems like a straightforward question: do companies want to profit from the state-organised repression, exploitation and extermination of an ethnic minority, or do companies condemn the treatment of Uyghur people in China and deal with the backlash?
The conundrum underlying the question is as old as capitalism itself: what social costs are we willing to accept in order for companies to make a profit?Continue reading Why do Companies Find it so Hard to Choose Between Profit and Principle?