Open Thread
Need a Hand?
Your Next Project Starts with BrownstonerMost Recent Articles
Need a Hand?
Your Next Project Starts with Brownstoner
M4L- but you’re starting a business- it’s an uphill battle. But huge corporations making immense profits are another story. That money moves mountains and it affects everyone- not just the shareholders. How can yo possibly doubt the impact of big corporations on everyone’s lives after the financial crisis. Their actions were felt all the way down to lowest level of society. They buy into politics and virtually own politicians- this affects everyone. We’re a moneyocracy these days- so they have no leg to stand on when they talk about thinking only of a profit for their shareholders. Not when they can determine the course of the country.
A Chicago business school study done about 20 years ago showed that corporations w/ stated credos that lived up to their beliefs had a greater r.o.i. than Dow & other measures. J&J under Jim Burke embodied that – Bill Weldon has let it go down the tubes.
This entire conversation is starting to remind me of an Onion article:
http://www.theonion.com/articles/town-hall-meeting-gives-townspeople-chance-to-say,2277/
OK I’m Audi. I’m afraid I’m going to start getting pompous if this conversation keeps going on much longer.
I won an Oscar last night!
And yes m4l GO KNICKS!!!!
I wonder how many overpaid CEO’s ever talk to their employees and find out exactly how “happy” they are? And How many employees, worrying about their jobs, would be honest enough to tell them?
let’s also not kid ourselves, we face global competition. if a biz or sector is not competitive on cost structure, we’ll be crushed. As someone who is thinking of starting a biz with own savings, I put that capital at risk for sake of profits – NOT to give someone a job at all cost.
“I’m thinking something involving alcohol, strippers, pinball machines and chocolate.”
You can start calling me “partner” any time you want.
Let me state once again, I would love to be a banker making the motherload
We can’t have it both ways- capitalists believe their first loyalty is to the company, and no one else. When companies and corporations begin to see that they are part and parcel of a national community, maybe we’ll have better luck. But the Free market wild west show that some people seem to worship carries a serious disconnect.DH is right- we’re wasting too much talent on the wrong places.