12 quotes
An institution is likely to be more searchingly appraised if attention is focused at the outset upon its faults rather than its virtues.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)
At the end of 1968, the United States contained about 1.6 million active, profit-seeking corporations and about 200 million people—one corporation for each 126 persons.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)
During the recent nineteen-year period from 1950 to 1969, corporate profits, both before and after taxes, formed a shrinking proportion of the national income.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)
Corporate business owns about 28 percent of the tangible wealth of the United States, and its share has not changed much during the past fifty years.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)
Private business investment is inherently superior to governmental aid as an instrument of development because it combines transfers of managerial and technical assistance with that of capital.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)
Of the hundred largest industrial corporations in 1909, only thirty-six remained on this list in 1948. And, of the top hundred companies in 1948, only sixty-five continued to hold this ranking in 1968.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)
The basic flaw in the distribution of political power among American economic institutions is that producer interests rather than consumer interests tend to dominate and shape the actions of government.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)
Modern management science has made it feasible for corporations to expand the scope and variety of their operations. It has created new economies of scale through which larger aggregations of men, materials, and funds can be efficiently deployed and controlled over larger areas.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)
Because some conglomerate, and other, mergers have proved to be unsound and failed. It has been proposed that government should prohibit such mergers. But there is no feasible way to identify bad mergers in advanced; only time and the test of market competition reveal them.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)
The American credo is one of faith in institutional pluralism and of mistrust of large size and concentrated power, political or economic. The growth of giant institutions has always been viewed with apprehension, even though it has been for the most part the natural product of rising populations and income, and of technological changes that created economies of larger scale.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)
Although the Marxist antithesis to the capitalist thesis has been vigorously advanced for more than a century, it has never gained significant support in the United States. Marxist voices have, during recent years, been drowned out by the complaints of the Reformers, on the one hand, and of the Utopian critics, on the other.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)
The multinational corporation is leading Europe toward a more egalitarian, homogeneous, and democratic society. While traditionalists will deplore the gradual blurring of class and national distinctions, such segmentations cannot in the end withstand the onslaught of technological and economic changes.
Corporate Power and Social Responsibility: A Blueprint for the Future (1973)