The basis for this claim seems to hinge on the facts that Cargill is a) big and b) privately owned, both of which are sins in today's political orthodoxy.
As a Minnesotan, I was wondering how long it would take before someone would notice them and shift their attention from Koch, but it had to happen at some point.
"Throughout its history, Cargill has exhibited a disturbing and repetitive pattern of deception and destruction. As this report details, its practices have ranged from violating trade embargoes and price fixing, to ignoring health codes and creating markets for goods produced with child and forced labor. Under pressure, Cargill has reformed its practices in many areas — which shows that it can change when it wants to. But contrary to its view of itself as a leader, it usually comes in dead last. It has remained a laggard across multiple industries, trailing peers like Louis Dreyfus and Wilmar."
I'm sure one can argue with the piece's conclusions -- Cargill almost certainly will! -- but your summation doesn't seem to be supported by even a cursory reading of the report. The environmental advocacy group that put this report out is not making the case that Cargill needs to have an IPO.
And it completely ignores what the company has done for Minneapolis and the surrounding area. But it’s easy to disregard local knowledge when Internet outrage is the preferred reaction.
No, it really doesn't, things need to balance out - far too long has America been perfectly fine with terrible things on the other side of the globe fueling domestic profits.
Cargill's business practices are supplying economic growth that is dwarfed by the externalities that are being accrued.
It's done bad things for Minneapolis too? Or are you suggesting that we should keep destroying the Amazon so the fine people of MN can have some more Teslas?
Then please inform us what the local benefits are that justify a global history of forced child labor, slavery, dumping toxic waste, poisoning food products, etc, etc?
As a Minnesotan, probably nothing. Jobs? It’s probably the only argument one could make, but I’m not going to make it. It wouldn’t make me sad if Cargill stopped exploiting everyone and everything.
As a Minnesotan, I was wondering how long it would take before someone would notice them and shift their attention from Koch, but it had to happen at some point.