Final answer:
Advocates of corporate social responsibility argue that corporations have moral obligations beyond their legal duties, with the aim of benefiting society by considering the well-being of employees, communities, and the environment. CSR emphasizes voluntary corporate actions supporting public interest and addresses the collective needs of society while balancing individual rights. This concept extends to the global stage, where defenders of multinational corporations argue for the economic benefits of globalization, but CSR calls for a fair and ethical approach to international business practices.
Step-by-step explanation:
Those who argue in favor of corporate social responsibility (CSR) suggest that corporations have moral obligations that extend beyond their legal responsibilities to shareholders. Advocates of CSR believe that businesses should act in a manner that benefits society at large, which includes voluntary actions that improve the well-being of employees, communities, and the environment. The CSR perspective can lead corporations to engage in activities such as reducing their environmental footprint, investing in sustainable practices, and contributing to social causes.
For example, from an advocacy position or that of a concerned citizen, linking civil liberties with corporate social responsibility, we can see a recognition that individual rights and the needs of the community are interconnected. When corporations take responsibility for their actions, they can help balance the freedom of individuals with the collective desires of the community. Governments often aim to maintain this balance through regulation, but CSR promotes the idea of businesses willingly taking on a role that supports public interest.
Another perspective is in relation to globalization, where the defenders of multinational corporations argue that such businesses improve international relations and benefit domestic economies through lower-priced consumer goods and returns on investments. However, CSR advocates contend that these corporations must also consider the jobs shipped overseas and whether they are paying their fair share of taxes, as these issues impact social equity and community welfare.