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Tobacco industry
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Tobacco industry
...... Although the ethical battles that plagued the tobacco industry during the late 1990s and upwards have slowed as of late, safety is still a primary concern among shareholders. While some recommend that now is a good time to buy, at least for certain companies shares, the issue of safety and legislation is still the primary one among tobacco industry shareholders. Although it is expected to die in Congressand President Bush has promised a veto if it does nota bill is currently circulating that would allow the FDA to control cigarette contents (Reynolds American 2008). If this bill were to pass, and the likelihood of it doing so is much greater with a Democratic congress and president, it could mean the perpetual death of the tobacco industry. Thus, these issues continue to be primary as shareholders determine if and when to buy
III. International Ethics
Once a symbol of American life and a major contributor to Revolutionary War funds, tobacco quickly found itself unwanted by many vocal United States citizens once its harmful health effects became known. Since the late 1990s, the issue of international ethics has been of prominence in the discussions regarding the tobacco industry. As outraged Americans
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