Locke in the News

In an article that I read in the Chicago Suntimes titled, "Target aiming at Carson's site?", it discusses how the Target Corportion has become interested in buying the old Carson's store on State Street. They are discussing the opportunity of placing a Target which would include a grocery section. The old Carson's store has had many offers from different companies, but no one has actually bought the entire store, people only have offices on some of the floors which includes a Stir-fry resturant. The Carsons closed in 2007 because it was not producing enough sales for the company. The entire building is 1 million square feet. By owning this property, Target could expand their private property and add value to their company.
This article relates to Locke in the sense that when we have common property and when people put labor into it, it becomes their own property which is what Target is thinking about doing to this store. They are going to put the labor into this store in order to change it to a Target store which offer people alot of different things and possibly make their grocery shopping alot easier. This common property is going to become their own property through labor. Locke also says that when we buy something, we are buying the labor that comes associated with that property. So if Target decides to buy this entire building, they are buying all the labor that comes with it from the previous businesses.



Heres the link to the article: www.suntimes.com/business/1995196,CST-NWS-target17.article

Aristotle in the News

In an article from Cnnmoney.com, it discusses how Tylenol recently had to recall some medications that had an "unusual moldy, musty, mildew-like" odor. It says how the FDA is having a hard discussion with the Johnson and Johnson Company trying to figure out with all the warnings and compliments they had from customers, why did this recall happen so late? The division, McNeil-PPC, which manufactured most of the products had compliments back in 2008, but did nothing about it because it was a very low number of customers. The FDA is being very hard on this division because so many people have gotten sick over the past few years and with all the warning letters they received, they acted very slowly because they did not want to lose profits or the division. With this second recall of Tylenol products, Johnson and Johnson is looking very bad to everyone in the medication industry.
The ethical issue of not being true to the customers and warning them of the hazards of using the products so they do not lose their products is very true to what Aristotle has said in Book 1 of Politics. He says, "intent upon living only, and not upon living well" which is very true in this article. Johnson and Johnson Company realized if they told customers of the potential harm a medication that is designed to relieve their pain was instead causing them more harm, they would lose their profits and be sued. They were trying to live well instead of just living because they wanted to be better than everyone else. They do not believe what Aristotle said about just living, they wanted to push themselves an extra mile to achieve their own set of happiness. I believe by not warning the public, they have caused more harm to themselves in the long-run because now people will have a hard time trusting them when it comes to medication.