As we segregate by income into different communities, schools in lower-income areas have fewer resources than ever.
Robert ReichRead
Can we please agree that in the real world, corporations exist for one purpose and one purpose only - to make as much money as possible, which means cutting costs as much as possible?
Interpretation
What this quote means
The quote emphasizes that the primary goal of corporations is profit maximization, often leading to cost-cutting measures.
In this quote, Robert Reich highlights the fundamental nature of corporations in the real world, suggesting that their main objective is to generate profit. This profit-driven mentality frequently results in cost-reduction strategies that can impact various stakeholders, including employees, consumers, and the environment, thereby questioning the ethical implications of prioritizing profit over broader social responsibilities.
Themes
CorporationsProfitCost-CuttingBusinessEthics
In practice
Example use cases
During a corporate conference discussing business strategies.
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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.
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What someone is paid has little or no relationship to what their work is worth to society.
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Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
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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.
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You can't inspire people if you are going to be uninspiring.
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