At bottom, the court's opinion is thus a rejection of the common sense of the American people, who have recognized a need to prevent corporations from undermining self-government since the founding, and who have fought against the distinctive corrupting potential of corporate electioneering since the days of Theodore Roosevelt. It is a strange time to repudiate that common sense. While American democracy is imperfect, few outside the majority of this court would have thought its flaws included a dearth of corporate money in politics.
People who get higher pay are more willing to relocate--especially to undesirable locations at the company's behest... A corporate secretary may change companies in the same town; a corporate executive is more likely to change towns with the same company. A talented corporate secretary sees an invitation to relocate as an invitation; a future corporate executive sees an invitation to relocate as an opportunity--and an obligation.warren farrell
Nothing in finance is more fatuous and harmful, in our opinion, than the firmly established attitude of common stock investors regarding questions of corporate management. That attitude is summed up in the phrase: "If you don't like the management, sell your stock." [...] The public owners seem to have abdicated all claim to control over the paid superintendents of their propertybenjamin graham
Reckless people have deluded themselves that this was a subprime crisis. But we have problems with credit-card debt, student-loan debt, auto loans, commercial real estate loans, home-equity loans, corporate debt and loans that financed leveraged buyouts... We have a subprime financial system, not a subprime mortgage market.nouriel roubini
Though some still see the Internet, for example, as a democratic structure for international individual expression, it is more realistic to recognize it as only the latest technological vehicle to be turned, sooner or later, to corporate advantage - for advertising, marketing and general corporate aggrandizement.herbert schiller
My generation has no intention of living as serfs on a corporate manor, Dad. When people became more reliant on multinational corporations than on their own communities,they surrendered whatever say they had in their government. Corporations are growing stronger while democratic government becomes increasingly helpless.daniel suarez
est was developed from the beginning as a well-organized business enterprise, structured to maximize profits and minimize tax liabilities. Its major corporate arm, Transformational Technologies, is an extreme example of the rationality that pervades some such movements that have as a major goal the maximizing of profit. By 1988, it had trained nearly 400,000 people, all of whom had taken the two-weekend, 60-hour training session, paying a sizable fee ($400 per person) for so doing. est grossed some $30 million dollars in 1981, and it was claimed that one of every nine San Francisco Bay Area college-educated young people had gone through the training.
A lot of street crime is horrible, but in terms of the dislocation, the undermining of the family — the corporate criminals, many of whom reside in Congress and the White House — are getting away literally with murder.jerry brown
The 20th century has been characterised by three developments of great political importance. The growth of democracy; the growth of corporate power; and the growth of corporate propaganda as a means of protecting corporate power against democracy.alex carey
In the long run, though, the greatest IT risk facing most companies is more prosaic than a catastrophe. It is, simply, overspending. IT may be a commodity, and its costs may fall rapidly enough to ensure that any new capabilities are quickly shared, but the very fact that it is entwined with so many business functions means that it will continue to consume a large portion of corporate spending.nicholas g. carr
The American system of management, in my opinion, also relies too much on outsiders to help make business decisions., and this is because of the insecurity that American decision makers feel in their jobs, as compared with most top Japanese corporate executives.akio morita
The emergence of the market model in Eastern Europe, Africa, Latin America, and Asia is no accident. It is not the product of a corporate conspiracy. It is the consequence of hard lessons learned from cold experience.bob rae
Centralization of society's vital services in giant computer centers, reservoirs, nuclear power plants, air- traffic control centers, 100-story skyscrapers, and government compounds increases its vulnerability. ... choosing his targets, today's saboteur could pollute a city's water supply, dynamite power transmission towers, cripple an airport control center, destroy a corporate or government computer center.Anatol Rapoport
Business can constitute an enormous force for goodness in society. Through its commitments to corporate citizenship and to the principles of the UNGC, the global business community can continue to create and deliver value to society.talal abu-ghazaleh
For example: (1) As if governed by Newton's First Law of Motion, an institution will resist any change in its current direction; (2) Just as work expands to fill available time, corporate projects or acquisitions will materialize to soak up available funds; (3) Any business craving of the leader, however foolish, will be quickly supported by detailed rate-of-return and strategic studies prepared by his troops; and (4) The behavior of peer companies, whether they are expanding, acquiring, setting executive compensation or whatever, will be mindlessly imitated.warren buffett
The great goal of the backlash is to nurture a cultural class war, and the first step in doing so, as we have seen, is to deny the economic basis of social class. After all, you can hardly deride liberals as society’s "elite" or present the GOP as the party of the common man if you acknowledge the existence of the corporate world the power that creates the nation’s real elite, that dominates its real class system, and that wields the Republican Party as its personal political system.thomas frank
So the question is, do corporate executives , provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not.Milton Friedman
The corporate right and the political right declared class warfare on working people a quarter of a century ago and they've won … Take the paradox of Rush Limbaugh, ensconced in a Palm Beach mansion massaging the resentments across the country of white-knuckled wage earners, who are barely making ends meet in no small part because of the corporate and ideological forces for whom Rush has been a hero.bill moyers
There can be no effective control of corporations while their political activity remains. To put an end to it will be neither a short nor an easy task, but it can be done. We must have complete and effective publicity of corporate affairs, so that the people may know beyond peradventure whether the corporations obey the law and whether their management entitles them to the confidence of the public.
It is necessary that laws should be passed to prohibit the use of corporate funds directly or indirectly for political purposes; it is still more necessary that such laws should be thoroughly enforced. corporate expenditures for political purposes, and especially such expenditures by public-service corporations, have supplied one of the principal sources of corruption in our political affairs.theodore roosevelt
Berle and Means ’ book remains the point of departure and the central reference for reflection about corporate governance. It has given rise to differing, even contradictory interpretations, which explains how it could be used in support of opposing theories, notably on the question of the relationship between shareholders and managers. Thus, it has been used to argue in favor of the shareholder conception that is now dominant, even though it contains, as we shall see, a conception of the corporation that is radically different to the contractualist view that underpins the current doctrine of shareholder primacy.
Wall Street, the banks, and corporate America, has been able to call the shots here. They control our members of Congress and they get what they want.
Let us wage a moral and political war against the billionaires and corporate leaders, on Wall Street and elsewhere, whose policies and greed are destroying the middle class of America.
Yet this corporate being, though so insubstantial to our senses, binds, in Burke's words, a man to his country with "ties which though light as air, are as strong as links of iron." That is why young men die in battle for their country's sake and why old men plant trees they will never sit under.walter lippmann
[H]ow can a democratic discourse exist in a corporate owned informational system? Who, for example, possesses freedom of speech in such a society?herbert schiller
The crucial fact to realize about all the powerful machinery of the corporate State — its laws, structure, political system — is that it possesses no mind.charles a. reich