just thinking  Giving Back to the Community

Every once in a while I'll hear someone say that companies should "give back to their communities."

In a strict sense, I think this is nonsense.

When someone talks about giving back, he or she is essentially saying the company took something from the community that needs to be repaid.

But if I have a business that sells, say, shoes, how am I taking from the community? I'm providing shoes to my customers and my customers are providing money to me. When the shoes sell, the transaction is complete and nobody owes anybody anything else. Everybody is benefitted.

However, in many cases, companies go beyond that. They pay various local fees and taxes, they provide employment, and their employees go out and spend the money they earn throughout the community, benefiting even more people. So I'd argue that companies are already giving to the community.

None of this is to argue that giving to the community is wrong. I think giving - by companies or individuals - is a kind thing to do, that it can make the community a more closely knit and pleasant place to live, and it's great PR. But to suggest as any sort of general rule that businesses are somehow soaking something out of the community that needs to be repaid does not impress me in the slightest.

6/05/2005 03:20:00 PM | Permalink | 0 comments

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