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Self-dealing, essentially, occurs when managers run companies to line their own pockets instead of those of the companies' owners. It's been a perennial problem in American capitalism and became a real dilemma when America moved toward a model in which corporations would be run by professional managers who had only small ownership stakes.
As a source of innovation, an engine of our economy, and a forum for our political discourse, the Internet can only work if it's a truly level playing field. Small businesses should have the same ability to reach customers as powerful corporations. A blogger should have the same ability to find an audience as a media conglomerate.
A social contract is the way out of this dilemma for corporations that want to lead in the 21st century by showing consumers how seriously they take customer loyalty and goodwill.
Move your personal investments and retirement funds to socially responsible investment (SRI) funds that support only those corporations that uphold higher standards of behavior. Returns on SRI funds are usually equal to, if not better than, many of the well-known traditional mutual funds.
Since FDR's New Deal, corporations and wealthy families have been non-stop finding new ways to get tax breaks, deregulation and entitlements from the government.
The gap between rich and poor under President Obama is getting bigger because fewer well-paying jobs are available. Corporations are being taxed to the hilt and are loathe to add more workers. Thus, salaries fall because there are more than enough applicants to fill any job vacancy.
American corporations hate to give away money.
Corporations cannot commit treason, or be outlawed or excommunicated, for they have no souls.
Corporations take the humanity out of trade - they take the happiness out and replace it with something that is ugly.
Nassim Nicholas Taleb
Even if there's no way to stop U.S. corporations from shedding their U.S. identities and becoming foreign corporations, there's no reason they should retain the privileges of U.S. citizenship.
Turning corporations loose and letting the profit motive run amok is not a prescription for a more livable world.
Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.
In the United States, large corporations control some members of Congress. All this does is delay the corporation's funeral at our expense.
Nassim Nicholas Taleb
Give tax breaks to large corporations, so that money can trickle down to the general public, in the form of extra jobs.
It's increasingly clear that governments, major corporations, banks, universities and other such bodies view the defense of their secrets as a desperate matter of institutional survival, so much so that the state has gone to extraordinary lengths to punish and/or threaten to punish anyone who so much as tiptoes across the informational line.
When I first came to NBC, I thought it was going to be swimming with the sharks, all men for themselves, be careful and all that. I have to tell you I learned that you can be kind and a hard worker and move up. You don't have to play dirty or do things that you think happens at big corporations.
The automotive corporations, including Ford, I think are in the business of trying to make cars that people will drive.
I think we're in an era of unprecedented dominance by corporations. I think people understand that deeply; I don't think that's even questioned.
What is not fair now is that corporations pay less and less tax, which means that you and I pay more because we're rooted somewhere, they've got our address, right?
I think one purpose is very clear among corporations and business leaders: make profits, deliver high return for stockholders, conquer markets, service consumers and create jobs. But in today's world, demands from corporations and leaders are much more than that. We need to understand what people really want at the very end.
The American people are screaming out saying it's unfair that the wealthiest, the largest corporations who can afford the best attorneys, the best accountants, take advantage of these special tax treatments that the lobbyists have, along with lawmakers, have cooked in the books here.
In terms of political contributions, the free speech rights of corporations I don't think deserve the same protections as the free speech rights of real living, breathing, voting humans.
In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nation's largest corporations.
If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals.
If both parents must work, I think it is more important that the mother has proximity to the child to therefore establish a childcare situation at the big corporations not once a day, but many times a day.
John F. Kennedy
A. P. J. Abdul Kalam
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