In the last few weeks, we’ve seen two prominent examples of corporate self-regulation. One is Walmart’s decision to end all handgun ammunition sales; the other is the four largest automakers going around the Trump administration’s less-stringent fuel emissions standards to cut a private deal with California that is closer to Obama-era emissions standards.

But there’s an important question connecting these two stories. Should it be up to companies to take it upon themselves to address these sorts of issues when the government doesn’t?


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