caa a22 4500 465817238 CHVBK 20180323112126.0 cr unu---uuuuu 170327e19900701xx s 000 0 eng 10.1007/BF00383214 doi (NATIONALLICENCE)springer-10.1007/BF00383214 Peitchinis Stephen Economic Department, University of Calgary, T2N IN4, Calgary, Alta, Canada aut Government spending and the budget deficit [Elektronische Daten] [Stephen Peitchinis] The business community of Canada manifests questionable moral and ethical standards in its criticism of government spending, since it itself bears considerable responsibility for the increase in government spending and budget deficits. The contradiction arises from the failure of the business community to recognize the liberalization of society at large and the associated social responsibility for the well-being of its citizens; a well-being manifested in income maintenance programmes, in access to education and training, in health care, and others. The failure to recognize such expectations is manifested in its failure to provide adequately for the retirement of its employees, for the health care of its employees, for laid-off and seperated employees, thereby shifting the burden to government. Further, it has failed to assume responsibility for the training and retraining of the workers it employs, including high-level workers trained specifically to its purposes in business schools. While expecting government to bear full financial responsibility for income maintenance, health, education and training, the business community makes every effort to deny government the revenues it needs to meet its obligations. The avoidance of tax payments stands high amongst business objectives, manifested in the employment of highly paid accountants and tax lawyers specifically for the purpose. Finally, in their criticism of government spending, business spokesmen deliberately fail to distinguish between consumption spending and capital investment spending, notwithstanding the significant contribution to the production infrastructure of the economy of government investment expenditures. If the capital expenditures were to be taken out of the government's budget, the deficit will decrease substantially. Kluwer Academic Publishers, 1990 Journal of Business Ethics Kluwer Academic Publishers 9/7(1990-07-01), 591-594 0167-4544 9:7<591 1990 9 10551 https://doi.org/10.1007/BF00383214 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF00383214 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Peitchinis Stephen Economic Department, University of Calgary, T2N IN4, Calgary, Alta, Canada aut NATIONALLICENCE 773 0- Journal of Business Ethics Kluwer Academic Publishers 9/7(1990-07-01), 591-594 0167-4544 9:7<591 1990 9 10551 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer