Corporate Quotes - page 11
By historical standards and given the gloomy corporate profits outlook in an environment of high corporate debt and rising interest rates, the Dow Jones Industrial Average is considerably overvalued at late-2006 levels and should be avoided. I say that, even setting aside the imminent prospect of a collapsed dollar and the recession and hyperinflation that would accompany it.
Peter Schiff
The prevalence of the corporation in America has led men of this generation to act, at times, as if the privilege of doing business in corporate form were inherent in the citizen; and has led them to accept the evils attendant upon the free and unrestricted use of the corporate mechanism as if these evils were the inescapable price of civilized life, and, hence to be borne with resignation.
Louis Brandeis
I wish in closing to emphasize how little corporate philanthrophy (the practical meaning of "creative capitalism,” a terrible expression that implies nonaltruistic capitalism is uncreative) is actually philanthropic, in the sense of being driven by altruism rather than by profit maximization.
Richard Posner
My reaction to "creative capitalism” as lauded by Bill Gates, Warren Buffett, Michael Kinsley, and (somewhat to my surprise), Professor Glaeser of the Harvard Economics Department is a skeptical one. The embrace of massive corporate charity, the criticism of capitalism by its greatest beneficiaries, and the frequent resort by the advocates of "creative capitalism” to platitudes (such as: "the world is getting better, but not fast enough and not for everyone”; "today's miracles of technology only benefit those who can afford them”; "economic demand is not the same as economic need”), along with the vagueness of the term itself, leave me with an uncomfortable feeling.
Richard Posner
A triumphalist corporate capitalism, free at last of the specter of Communism, has mobilized its economic power to relentlessly marginalize all nonmarket values; to subordinate every aspect of American life to corporate "efficiency" and the bottom line; to demonize not only government but the very idea of public service and public goods.
Ellen Willis
Mass consumption, advertising, and mass art are a corporate Frankenstein; while they reinforce the system, they also undermine it. By continually pushing the message that we have the right to gratification now, consumerism at its most expansive encouraged a demand for fulfillment that could not so easily be contained by products...
Ellen Willis
And it's so ironic they [the Democratic Party] spent four years claiming they are fighting fascism and authoritarianism, and what are they trying to do now? They're trying to harness corporate and monopoly power to silence everyone who disagrees with them, the very hallmark, the epitome of the fascism they claim to be fighting, but which in reality they embody.
Glenn Greenwald
Given the extensive involvement of state violence in the process by which the corporate elite not only achieved its wealth in the past but continues to maintain and augment it in the present, it is clear that the massive inequalities of wealth that characterise present-day "capitalist” society are radically inconsistent with any approach to justice in holdings that is even remotely Nozickian.
Roderick Long
To me, the irony of this involvement with size, as I observed earlier, is the unwillingness or inability of so many Americans to identify themselves with something as vast as the United States. Bigger cars, bigger parking lots, bigger corporate structures, bigger farms, bigger drug stores, bigger supermarkets, bigger motion-picture screens. The tangible and the functional expand, while the intangible and the beautiful shrink. Left to wither is the national purpose, national educational needs, literature and theater, and our critical faculties. The national dialogue is gradually being lost in a froth of misleading self-congratulation and cliche. National needs and interests are slowly being submerged by the national preoccupation with the irrelevant.
J. William Fulbright
The overthrow of communism gave a green light to the unbridled exploitative impulses of Western corporate interests. No longer needing to convince workers that they live better than their counterparts in Russia, and no longer constrained by a competing system, the corporate class is rolling back the many gains that working people in the West have won over the years. Now that the free market, in its meanest form, is emerging triumphant in the East, so will it prevail in the West.
Michael Parenti
The police confront dangers and social miseries of a kind most of us can only imagine. They deal with the waste products of a competitive corporate society: the ill-fed, the ill-housed, the desperate, and the defeated. The slums are not the problem, they are the solution; they are the way capitalism deals with the surplus people of a market economy. And for all they cost the taxpayer in crime, police and welfare, the slums remain a source of profit for certain speculators, arsonists, realtors, big merchants, and others.
Michael Parenti
Nations that chart a self-defining course, seeking to use their land, labor, natural resources, and markets as they see fit, free from the smothering embrace of the US corporate global order, frequently become a target of defamation. Their leaders often have their moral sanity called into question by US officials and US media, as has been the case at one time or another with Castro, Noriega, Ortega, Qaddafi, Aristide, Milosevic, Saddam Hussein, Hugo Chavez, and others.
Michael Parenti
Free-market fundamentalism trivializes the concern for public interest. It puts fear and insecurity in the hearts of anxiety-ridden workers. It also makes money-driven, poll-obsessed elected officials deferential to corporate goals of profit – often at the cost of the common good. ... The free-market fundamentalism that prevails in the United States today promotes the pervasive sleepwalking of the populace. People see that the false prophets are handsomely rewarded - with money, status and access to more power. ... We are experiencing the sad gangsterization of America - an unbridled grasp at power, wealth and status.
Cornel West
If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we've got to cut some kids off from getting a college scholarship.
Barack Obama
I don't oppose all wars. What I am opposed to is a dumb war. What I am opposed to is a rash war. What I am opposed to is the cynical attempt by Richard Perle and Paul Wolfowitz and other armchair, weekend warriors in this administration to shove their own ideological agendas down our throats, irrespective of the costs in lives lost and in hardships borne. What I am opposed to is the attempt by political hacks like Karl Rove to distract us from a rise in the uninsured, a rise in the poverty rate, a drop in the median income, to distract us from corporate scandals and a stock market that has just gone through the worst month since the Great Depression. That's what I'm opposed to. A dumb war. A rash war. A war based not on reason but on passion, not on principle but on politics.
Barack Obama
I suspect that those of you who pursue more education, or climb the corporate ladder, or enter the arts or sciences or journalism, will still choose a cause you care about in your life and fight like heck to make it happen.
There is a word for this. It's citizenship. We don't always talk about this idea much these days, let alone celebrate it. Sometimes, we see it as a virtue from another time – one that's slipping from a society that celebrates individual ambition; a society awash in instant technology that empowers us to leverage our skills and talents like never before, but just as easily allows us to retreat from the world. And the result is that we sometimes forget the larger bonds we share, as one American family.
Barack Obama
