Please read the case study entitled “Casinos and Crime†that youfind in the reading assignment. Based on what you have learned inthis unit, answer the following questions: 1. In most casino statesand counties, laws protect owners from liability claims arisingfrom problems caused by gambling. In ethical terms, however, ifyou’re the sole proprietor of the casino, do you feel anyresponsibility for this episode? Why or why not? If you feel anyresponsibility, to whom would it be? What could you do to setthings right? 2. You’re an equal partner in a nonprofitorganization that runs the casino to support the cause of buildingschools for children in impoverished sections of Peru. You spend afew months every year down there building schools and giving freeEnglish-language classes. In ethical terms (and regardless of whatthe law allows), do you believe anyone involved in this episodeshould be able to sue you personally for their suffering? Why orwhy not? 3. Say that the casino under discussion in this set ofquestions is the MGM Grand Hotel and Casino in Las Vegas, which isowned by a large, public corporation. You have five shares of stockinherited a few years ago when a relative died. You are legallyprotected from liability claims. In ethical terms, however, do youbelieve that anyone involved in this episode should be able to sueyou personally—or just plain blame you—for their suffering? Why orwhy not? 4. Pigouvian taxes (named after economist Arthur Pigou, apioneer in the theory of externalities) attempt to correctexternalities—and so formalize a corporate social responsibility—bylevying a tax equal to the costs of the externality to society. Thecasino, in other words, that causes crime and other problemscosting society, say, $1 million should pay a $1 million tax. Interms of casinos, would such a tax more or less satisfy any ethicalclaim that could be made against them for the social problems theycause? Why or why not?https://2012books.lardbucket.org/books/business-ethics/s17-05-case-studies.html
