This is a YouTube video titled "Growing Responsibility" from Matt Britton's Official YouTube Channel, recorded in October 2018. The content is a conversation involving multiple speakers discussing the issue of tax responsibilities of large companies like Apple, their global impact, and the societal responsibilities these companies hold amid growing wealth disparities.
That's been a big issue here in Australia that you might not be aware of is that the tax that those companies are paying here in Australia, a lot of people and the government here doesn't think that then they are not paying their fair share.
Yeah.
Is that something that's happening globally?
Of course. I mean Apple has been criticized widely for the tax loopholes they've seeked out because they're offshoring so much production to China of their products as well while they're profiting so much from the American wealth.
And so should they be turning that around to change perceptions if we've got this wealth disparity that's growing as well?
I think so. I think these companies have great responsibility right now. I think that it's incredible what a handful of people have done to disrupt the business world as we know it. And I think it's obviously having major societal impact and I think there's going to be great responsibility for them for sure.