Incorrect Allocation of Costs of Economic Development in the Risk Society: An Analysis from the Perspective of Accountability

Hsin-Yen Chiang ； Jen-fang Ting

《Applied Science and Management Research》 2卷1期 (2015/09) Pp. 48-67

https://doi.org/10.6511/ASMR.2(1).06

並列摘要

Under the logic of capitalist competition, individuals or groups hope to apply technological development to produce unique products that can generate large profits. However, from the perspective of risk society theory, although technological innovation can drive rapid economic growth, in the long-term it is uncertain whether this development helps, hinders, or even sets back the development of human society. This contradiction emerges from a fundamental imbalance in the allocation of the costs of development. While profits from technology products are typically monopolized by the producer, the costs associated with uncertainty in the development of the product are often passed onto government and society, in violation of the principles of justice and fairness. In response, this study explores a reasonable system of accountability government, society, and businesses. The results of the study show: (1) When risk factors are incorporated into the logic of economic development in modern society, the negative costs of economic and technological innovation are borne by society as a whole. This may produce a decline in political trust and economic crises, rapidly undermining the original logic of economic development. (2) In order to ensure that negative costs associated with development are borne by risk produces, this study argues that the most appropriate response is for society to join with elected officials, using regular legislative channels to ensure that businesses are held legally accountable.

並列關鍵字

Capitalism ； Risk Society ； Accountability ； Technological Innovation