News

App Rats Out Corporations

Comments (3)
Wednesday, February 06, 2013

Proponents of unregulated free market capitalism argue that a company’s success is determined by its appeal, or lack thereof, to consumers in the marketplace. Thanks to a new app, it looks like consumers will now more effectively be able to decide whether or not they want to support a given company by purchasing its goods.

Designed to make business more visible, the bizVizz app is “the first mobile iPhone app to make corporate behavior transparent,” its press release reads. “Snap a picture of a brand’s logo and a simple graphic screen instantly displays essential facts about America’s largest corporations.”

“Essential facts” include the amount of taxes paid, political contributions made and government subsidies received.

Based on the brand’s photo, the app is able to access the company’s corporate information. “BizVizz currently has 300 companies and over 900 brands with plans to expand,” reads the press release.

“This is public information,” says Brad Lichtenstein, filmmaker and president of 371 Productions and the app’s creator. “We’re just making it visible.”

A media company that produces public activism campaigns and documentaries about social issues, 371 Productions has partnered with a handful of organizations, including Tax Justice Network, Faculty Creative and the Sunlight Foundation, as well as U.S. Public Interest Research Group and the AFL-CIO, to create and distribute the bizVizz app. Some funding comes from the Corporation for Public Broadcasting. Lichtenstein says he developed the idea for the app when he was making his most recent film, As Goes Janesville, about the experiences of laid-off General Motors (GM) workers in Wisconsin.

“I watched the democratic process being subverted,” notes Litchenstein, “and felt that we should do something on a grander scale to make corporate behavior more transparent, especially when we’re all called on to do our part during these tough economic times.”

Will the bizVizz app be successful? As Adam Smith, the godfather of free market capitalism, suggested, that will be decided in the marketplace.•

For more information, visit bizVizz at bizvizz.com.

Comments (3)
Post a Comment

Who cares.

The Moral Case for Capitalism

http://www.aei.org/press/society-and-culture/the-moral-case-for-capitalism/

Posted by k on 2.6.13 at 10:53

k - I care. A a consumer I vote with my feet. I prefer to give my business to companies that I perceive to improve or be less deterimtal to first the local community, then this region, then the health of the planet. Perception is the key. With knowledge, we can make informed decisions, and in the over advertised, hyped world I live in it is hard to locate the good info. So this app sounds like a good source, for the things I value. But, as for any source of information, I have to determine their level of accuracy. For all information has to bee seen through the filter of the accuracy and bias of its source.

If you believe in the link you posted, that capitalizm and democracy are not only good but necessary for each other, then I suspect you care too. Because capitalism needs informed consumers in order for the market forces to work and be properly self-regulating, and as this country's founding father's noted, a healthy democracy needs informed citizens in order to effectively participate in their government. It seems to me that the forces that would try to pervert or obscure information (as the political process and PR often do) are detrimental to both a healthy democracy and a healthy capitalist economy, and that those forces that provide accuract information are a benefit. What do you think?

Posted by JT on 2.7.13 at 7:47

JT - How would you assess taxes paid? Unless you believe the given corporation was breaking a law, why would you care? Andhow about political contributions?

Posted by k on 2.7.13 at 14:35
Comment:

Name:

Password:

New User/Guest?

Find it Here:
keyword:
search type:
search in:

« Previous   |   Next »
Print Email RSS feed

Flight Fight
The FAA’s evolving drone policy is sure to induce outrage.
From Our Readers
Casinos Need Problem Gamblers; A Better World with Ryan
Berwick-Stricken
Don Berwick may have lost to Martha Coakley in the Democratic primary, but not without winning hearts and minds in Western Mass.
Between the Lines: Martha Coakley Remade
The Democrats’ choice for governor still needs to find her star power.
From Our Readers
Gun License Mathematics; The Gun Tribe; Torturers Go Unpunished
UCash
UMass works to turn academic research into useful products—and profit.
Between the Lines: The Birth of Ajax Montoya
Debut novelist Joe Gannon brings his memorable detective to life.
Thanks, Anonymous
A private UMass donation sends us on a fruitless quest.