Last week I posted a blog on organized boycotts and why they don’t really work.
For those of you who missed Part I of this blog I will recap my assertion that for a public, organized boycott to be successful it must have not only widespread participation but also a real reduction in demand for the product or service being offered by the person or company being boycotted.
Last week I took a look at what I call the one day boycott. This week I take a look at a second type of boycott (and my favorite to make fun of)...
The political/philosophical disagreement boycott.
Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Monday, June 20, 2011
Wednesday, June 15, 2011
Why organized boycotts don't work: Part I
The Wikipedia entry defines a boycott as “an act of voluntarily abstaining from using, buying, or dealing with a person, organization, or country as an expression of protest, usually for political reasons.” And if the boycott is simply a means of personal expression I believe the boycott works.There are some products that I just don’t use or companies that I just won’t do business with simply because it is important to me not to support them with my wallet. I believe this to be a success not because I have force a change in the policy of the person or organization but because I have eliminated them from my sphere. But public, organized boycotts are different.
A public, organized boycott seeks to force change onto a person or business by the use of economic forces, specifically the use of reduced demand. But for such an action to be successful the boycott must have two components: 1) widespread adoption 2) actual reduction of demand for the product or service offered by the offending person or business.
In this first post I will take a look at one type of public, organized boycott and explain why I don’t think it works. First up…
The One Day Boycott
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