Original sentence: Corporations really are little for the welfare of workers or the environment, and given the opportunity will move production to sweatshops in less well regulated countries.Critic who believe that CSR runs against capitalism would go further and say that improvements in health, longevity or infant mortality have only been possible because economies - driven by free enterprise - have progressed.In these circumstances, limited regulatory intervention is important to redress the balance, to ensure that costs and benefits are correctly aligned.There are occasions when externalities, such as the costs of pollution are not built into normal market prices in a free market.Those who believe that CSR is essentially cynical and utilitarian
Edited sentence: Corporations care little for the welfare of workers, and given the opportunity will move production to sweatshops in less well regulated countries.Free markets contribute to the effective management of scarce resources.In order to attract quality workers, it is necessary for companies to offer better pay and conditions which leads to an overall rise in standards and to wealth creation.In these circumstances, regulatory intervention is important to redress the balance, to ensure that costs and benefits are correctly aligned.Other supporters of this view may argue:.That fmarkets and capitalism have been at the centre of economic and social development over the past two hundred years and that improvements in health, longevity or infant mortality (for example) have only been possible because economies - driven by free enterprise - have progressed.The prices of many commodities have fallen in recent years.There are indeed occasions when externalities, such as the costs of pollution are not built into normal market prices in a free market.These barriers increase the opportunities for excess profits, to the delight of the market participants, but do little to serve the interests of society as a whole.This contradicts the notion of scarcity, and may be attributed to improvements in technology leading to the more efficient use of resources.Those who believe that CSR is essentially a cynical and utilitarian.Unchecked, companies will squander scarce resources.Whilst regulation is necessary in certain circumstances, over regulation creates barriers to entry into a market