As we segregate by income into different communities, schools in lower-income areas have fewer resources than ever.
Increasingly, corporate nationality is whatever a corporation decides it is.
Interpretation
What this quote means
The quote highlights that corporations determine their own identity and allegiance, rather than being tied to a specific national identity.
Robert Reich suggests that in today's globalized economy, corporations exercise the power to define their own national identity based on their interests. This can lead to a detachment from traditional notions of citizenship or loyalty to a particular country, as corporations often prioritize profit and operational efficiency over national ties. As a result, the meaning of corporate nationality becomes fluid and subjective, shaped by corporate agendas and market dynamics.
Themes
In practice
Example use cases
During a business seminar discussing globalization, this quote can illustrate the changing dynamics of corporate identity.
More from Robert Reich
All quotes →What are called 'public schools' in many of America's wealthy communities aren't really 'public' at all. In effect, they're private schools, whose tuition is hidden away in the purchase price of upscale homes there, and in the corresponding property taxes.
What someone is paid has little or no relationship to what their work is worth to society.
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The dirty little secret is that both houses of Congress are irrelevant. ... America's domestic policy is now being run by Alan Greenspan and the Federal Reserve, and America's foreign policy is now being run by the International Monetary Fund [IMF]. ...when the president decides to go to war, he no longer needs a declaration of war from Congress.
You can't inspire people if you are going to be uninspiring.
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