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 βWhat 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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The reason people think it's important to be white is that they think it's important not to be black.
A belligerent state permits itself every such misdeed, every such act of violence, as would disgrace the individual.
There are many here among us who feel that life is but a joke. But you and I, we've been through that, and this is not our fate, so let us not talk falsely now, the hour is getting late.
Never say you know the last word about any human heart.
Policy makers, like most people, normally feel that they already know all the psychology and all the sociology they are likely to need for their decisions. I don't think they are right, but that's the way it is.
If you tell a true story, you can't be wrong.