When Corporations Rule The World Quotes

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In my world, people are always plotting. You have no idea of all the crimes people in business commit every day. Like it was nothing. Or there’s a set of special rules for them. Remember when Bush made that whole speech about ‘corporate ethics’ last year? What a fraud. You think stuff like Enron or WorldCom is an aberration? It’s only the tip. Business is a religion. Probably the only one practiced all over the world.
Andrew Vachss (Down Here (Burke, #15))
The power of the corrupt governments and entrenched corporations feels inevitable. No doubt so did the rule of kings and landowners before them. But I know better now. I know there is a greater power, and it is ours. The greater power is us. And that is the world we will build out here, somewhere, when we bring all our pieces back together. A future made of light.
Kameron Hurley (The Light Brigade)
Whereas the craftsman mindset focuses on what you can offer the world, the passion mindset focuses instead on what the world can offer you. This mindset is how most people approach their working lives. There are two reasons why I dislike the passion mindset (that is, two reasons beyond the fact that, as I argued in Rule #1, it’s based on a false premise). First, when you focus only on what your work offers you, it makes you hyperaware of what you don’t like about it, leading to chronic unhappiness. This is especially true for entry-level positions, which, by definition, are not going to be filled with challenging projects and autonomy—these come later. When you enter the working world with the passion mindset, the annoying tasks you’re assigned or the frustrations of corporate bureaucracy can become too much to handle. Second, and more serious, the deep questions driving the passion mindset—“Who am I?” and “What do I truly love?”—are essentially impossible to confirm. “Is this who I really am?” and “Do I love this?” rarely reduce to clear yes-or-no responses. In other words, the passion mindset is almost guaranteed to keep you perpetually unhappy and confused, which probably explains why Bronson admits, not long into his career-seeker epic What Should I Do With My Life? that “the one feeling everyone in this book has experienced is of missing out on life.
Cal Newport (So Good They Can't Ignore You: Why Skills Trump Passion in the Quest for Work You Love)
The heroes were always the ordinary people who pursued extraordinary change. The power of the corrupt governments and entrenched corporations feels inevitable. No doubt so did the rule of the kings and landowners before them. But I know better now. I know there is a greater power, and it is ours. The greater power is us. And that is the world we will build out here, somewhere, when we bring all our pieces back together. A future made of light.
Kameron Hurley (The Light Brigade)
New Rule: Not everything in America has to make a profit. If conservatives get to call universal health care "socialized medicine," I get to call private, for-profit health care "soulless vampire bastards making money off human pain." Now, I know what you're thinking: "But, Bill, the profit motive is what sustains capitalism." Yes, and our sex drive is what sustains the human species, but we don't try to fuck everything. It wasn't that long ago when a kid in America broke his leg, his parents took him to the local Catholic hospital, the nun stuck a thermometer in his ass, the doctor slapped some plaster on his ankle, and you were done. The bill was $1.50; plus, you got to keep the thermometer. But like everything else that's good and noble in life, some bean counter decided that hospitals could be big business, so now they're not hospitals anymore; they're Jiffy Lubes with bedpans. The more people who get sick, and stay sick, the higher their profit margins, which is why they're always pushing the Jell-O. Did you know that the United States is ranked fiftieth in the world in life expectancy? And the forty-nine loser countries were they live longer than us? Oh, it's hardly worth it, they may live longer, but they live shackled to the tyranny of nonprofit health care. Here in America, you're not coughing up blood, little Bobby, you're coughing up freedom. The problem with President Obama's health-care plan isn't socialism. It's capitalism. When did the profit motive become the only reason to do anything? When did that become the new patriotism? Ask not what you could do for your country, ask what's in it for Blue Cross Blue Shield. And it's not just medicine--prisons also used to be a nonprofit business, and for good reason--who the hell wants to own a prison? By definition, you're going to have trouble with the tenants. It's not a coincidence that we outsourced running prisons to private corporations and then the number of prisoners in America skyrocketed. There used to be some things we just didn't do for money. Did you know, for example, there was a time when being called a "war profiteer" was a bad thing? FDR said he didn't want World War II to create one millionaire, but I'm guessing Iraq has made more than a few executives at Halliburton into millionaires. Halliburton sold soldiers soda for $7.50 a can. They were honoring 9/11 by charging like 7-Eleven. Which is wrong. We're Americans; we don't fight wars for money. We fight them for oil. And my final example of the profit motive screwing something up that used to be good when it was nonprofit: TV news. I heard all the news anchors this week talk about how much better the news coverage was back in Cronkite's day. And I thought, "Gee, if only you were in a position to do something about it.
Bill Maher (The New New Rules: A Funny Look At How Everybody But Me Has Their Head Up Their Ass)
We are the center. In each of our minds - some may call it arrogance, or selfishness - we are the center, and all the world moves about us, and for us, and because of us. This is the paradox of community, the one and the whole, the desires of the one often in direct conflict with the needs of the whole. Who among us has not wondered if all the world is no more than a personal dream? I do not believe that such thoughts are arrogant or selfish. It is simply a matter of perception; we can empathize with someone else, but we cannot truly see the world as another person sees it, or judge events as they affect the mind and the heart of another, even a friend. But we must try. For the sake of all the world, we must try. This is the test of altruism, the most basic and undeniable ingredient for society. Therein lies the paradox, for ultimately, logically, we each must care more about ourselves than about others, and yet, if, as rational beings we follow that logical course, we place our needs and desires above the needs of our society, and then there is no community. I come from Menzoberranzan, city of drow, city of self. I have seen that way of selfishness. I have seen it fail miserably. When self-indulgence rules, then all the community loses, and in the end, those striving for personal gains are left with nothing of any real value. Because everything of value that we will know in this life comes from our relationships with those around us. Because there is nothing material that measures against the intangibles of love and friendship. Thus, we must overcome that selfishness and we must try, we must care. I saw this truth plainly following the attack on Captain Deudermont in Watership. My first inclination was to believe that my past had precipitated the trouble, that my life course had again brought pain to a friend. I could not bear this thought. I felt old and I felt tired. Subsequently learning that the trouble was possibly brought on by Deudermont's old enemies, not my own, gave me more heart for the fight. Why is that? The danger to me was no less, nor was the danger to Deudermont, or to Catti-brie or any of the others about us. Yet my emotions were real, very real, and I recognized and understood them, if not their source. Now, in reflection, I recognize that source, and take pride in it. I have seen the failure of self-indulgence; I have run from such a world. I would rather die because of Deudermont's past than have him die because of my own. I would suffer the physical pains, even the end of my life. Better that than watch one I love suffer and die because of me. I would rather have my physical heart torn from my chest, than have my heart of hearts, the essence of love, the empathy and the need to belong to something bigger than my corporeal form, destroyed. They are a curious thing, these emotions. How they fly in the face of logic, how they overrule the most basic instincts. Because, in the measure of time, in the measure of humanity, we sense those self-indulgent instincts to be a weakness, we sense that the needs of the community must outweigh the desires of the one. Only when we admit to our failures and recognize our weaknesses can we rise above them. Together.
R.A. Salvatore (Passage to Dawn (Forgotten Realms: Legacy of the Drow, #4; Legend of Drizzt, #10))
The rise of the modern corporation, in the late nineteenth century, was largely seen at the time as a matter of applying modern, bureaucratic techniques to the private sector—and these techniques were assumed to be required, when operating on a large scale, because they were more efficient than the networks of personal or informal connections that had dominated a world of small family firms.
David Graeber (The Utopia of Rules)
Estimates suggest that $7.6 trillion of wealth is hidden in tax havens all over the world. The international finance sector acts as a 'circulation system for criminal money acquired through drug trafficking, terrorism, piracy, human trafficking, proliferation and tax evasion.' When we look at the international financial system, we don't find a free-market paradise. Instead, we find incredibly powerful institutions in both the public and private sector shaping the conditions faced by everyone else. Financial institutions 'dress themselves up in liberal trappings of the market, yet capture the old sovereignty of the state all the better to squeeze the social body to feed their own profits.' Yet all this power is held without any democratic accountability. Politicians, technocrats, and financiers work together to decide everything from the interest rates we pay on our loans to who gets what when a state files for bankruptcy. If everyone had a say in determining how these rules were made and enforced, rather than just a privileged few, we'd live in a very different world.
Grace Blakeley (Vulture Capitalism: Corporate Crimes, Backdoor Bailouts, and the Death of Freedom)
If you would know, therefore, who are the fascists in America, you must ask yourselves not who are the men and women most vocal in their denunciations of Hitler and Mussolini. The most ardent enemies of those two leaders were some of their rival fascist dictators in Europe. The test of fascism is not one's rage against the Italian and German war lords. The test is—how many of the essential principles of fascism do you accept and to what extent are you prepared to apply those fascist ideas to American social and economic life? When you can put your finger on the men or the groups that urge for America the debt-supported state, thee autarchial corporative state, the state bent on the socialization of investment and the bureaucratic government of industry and society, the establishment of the institution of militarism as the great glamorous public-works project of the nation and the institution of imperialism under which it proposes to regulate and rule the world and, along with this, proposes to alter the forms of our government to approach as closely as possible the unrestrained, absolute government—then you will know you have located the authentic fascist.
John T. Flynn (As We Go Marching: A Biting Indictment of the Coming of Domestic Fascism in America)
Speculators, meanwhile, have seized control of the global economy and the levers of political power. They have weakened and emasculated governments to serve their lust for profit. They have turned the press into courtiers, corrupted the courts, and hollowed out public institutions, including universities. They peddle spurious ideologies—neoliberal economics and globalization—to justify their rapacious looting and greed. They create grotesque financial mechanisms, from usurious interest rates on loans to legalized accounting fraud, to plunge citizens into crippling forms of debt peonage. And they have been stealing staggering sums of public funds, such as the $65 billion of mortgage-backed securities and bonds, many of them toxic, that have been unloaded each month on the Federal Reserve in return for cash.21 They feed like parasites off of the state and the resources of the planet. Speculators at megabanks and investment firms such as Goldman Sachs are not, in a strict sense, capitalists. They do not make money from the means of production. Rather, they ignore or rewrite the law—ostensibly put in place to protect the weak from the powerful—to steal from everyone, including their own shareholders. They produce nothing. They make nothing. They only manipulate money. They are no different from the detested speculators who were hanged in the seventeenth century, when speculation was a capital offense. The obscenity of their wealth is matched by their utter lack of concern for the growing numbers of the destitute. In early 2014, the world’s 200 richest people made $13.9 billion, in one day, according to Bloomberg’s billionaires index.22 This hoarding of money by the elites, according to the ruling economic model, is supposed to make us all better off, but in fact the opposite happens when wealth is concentrated in the hands of a few individuals and corporations, as economist Thomas Piketty documents in his book Capital in the Twenty-First Century.23 The rest of us have little or no influence over how we are governed, and our wages stagnate or decline. Underemployment and unemployment become chronic. Social services, from welfare to Social Security, are slashed in the name of austerity. Government, in the hands of speculators, is a protection racket for corporations and a small group of oligarchs. And the longer we play by their rules the more impoverished and oppressed we become. Yet, like
Chris Hedges (Wages of Rebellion)
Some have argued that capitalism promotes democracy, because of common norms of transparency, rule of law, and free competition—for markets, for ideas, for votes. In some idealized world, capitalism may enhance democracy, but in the history of the West, democracy has expanded by limiting the power of capitalists. When that project fails, dark forces are often unleashed. In the twentieth century, capitalism coexisted nicely with dictatorships, which conveniently create friendly business climates and repress independent worker organizations. Western capitalists have enriched and propped up third-world despots who crush local democracy. Hitler had a nice understanding with German corporations and bankers, who thrived until the unfortunate miscalculation of World War II. Communist China works hand in glove with its capitalist business partners to destroy free trade unions and to preserve the political monopoly of the Party. Vladimir Putin presides over a rigged brand of capitalism and governs in harmony with kleptocrats. When push comes to shove, the story that capitalism and democracy are natural complements is a myth. Corporations are happy to make a separate peace with dictators—and short of that, to narrow the domain of civic deliberation even in democracies. After Trump’s election, we saw corporations standing up for immigrants and saluting the happy rainbow of identity politics, but lining up to back Trump’s program of gutting taxes and regulation. Some individual executives belatedly broke with Trump over his racist comments, but not a single large company has resisted the broad right-wing assault on democracy that began long before Trump, and all have been happy with the dismantling of regulation. If democracy is revived, the movement will come from empowered citizens, not from corporations.
Robert Kuttner (Can Democracy Survive Global Capitalism?)
We saw the British as an outdated Imperial force, organised by freemasons, who sought to turn the clock back one hundred years to the days when their word was the law around the world. Why should they be entitled to install their freemason puppet, De Gaulle, in France, to rule as a proxy? The Vichy government had three consistent points in its propaganda regarding the threats to the French people: these were De Gaulle, freemasonry and communism. As for the American state, we perceived that as controlled by the forces of international finance and banking, who wished to abolish national governments and have the world run by banks and corporations.
Holger Eckhertz (D DAY Through German Eyes - The Hidden Story of June 6th 1944)
It is overlooked, perhaps forgotten, by almost everyone today that we were there to defend Europe against the multiple threats represented by the Allies. We saw the British as an outdated Imperial force, organised by freemasons, who sought to turn the clock back one hundred years to the days when their word was the law around the world. Why should they be entitled to install their freemason puppet, De Gaulle, in France, to rule as a proxy? The Vichy government had three consistent points in its propaganda regarding the threats to the French people: these were De Gaulle, freemasonry and communism. As for the American state, we perceived that as controlled by the forces of international finance and banking, who wished to abolish national governments and have the world run by banks and corporations.
Holger Eckhertz (D DAY Through German Eyes - The Hidden Story of June 6th 1944)
The “United States” does not exist as a nation, because the ruling class of the U.S./Europe exploits the world without regard to borders and nationality.  For instance, multinational or global corporations rule the world.  They make their own laws by buying politicians– Democrats and Republicans, and white politicians in England and in the rest of Europe.  We are ruled by a European power which disregards even the hypocritical U.S. Constitution.  If it doesn’t like the laws of the U.S., as they are created, interpreted and enforced, the European power simply moves its base of management and labor to some other part of the world.   Today the European power most often rules through neocolonial regimes in the so-called “Third World.”  Through political leaders who are loyal only to the European power, not to their people and the interests of their nation, the European power sets up shop in Africa, Asia, and Latin America.  By further exploiting the people and stealing the resources of these nations on every continent outside Europe, the European power enhances its domination.  Every institution and organization within the European power has the purpose of adding to its global domination: NATO, the IMF, the World Bank, the military, and the police.   The European power lies to the people within each “nation” about national pride or patriotism.  We foolishly stand with our hands over our hearts during the “National Anthem” at football games while the somber servicemen in their uniforms hold the red, white and blue flag, then a military jet flies over and we cheer.  This show obscures the real purpose of the military, which is to increase European power through intimidation and the ongoing invasion of the globe.  We are cheering for imperialist forces.  We are standing on Native land celebrating the symbols of de-humanizing terrorism.  Why would we do this unless we were being lied to?   The European imperialist power lies to us about its imperialism.  It’s safe to say, most “Americans” do not recognize that we are part of an empire.  When we think of an empire we think of ancient Rome or the British Empire.  Yet the ongoing attack against the Native peoples of “North America” is imperialism.  When we made the “Louisiana Purchase” (somehow the French thought Native land was theirs to sell, and the U.S. thought it was ours to buy) this was imperialism.  When we stole the land from Mexico, this was imperialism (the Mexican people having been previously invaded by the European imperialist power).  Imperialism is everywhere.  Only the lies of capitalism could so effectively lead us to believe that we are not part of an empire.
Samantha Foster (Center Africa / and Other Essays To Raise Reparations for African Liberation)
Whether through the secretive system of international courts, international institutions that exploit crises to force neoliberal policies on poor states, or a financial system designed to discipline disobedient governments into submission, the international rules-based system restricts and undermines development. This is not a problem for the businesses that profit from the exploitation of poor countries and their people. In fact, were it not for these inequalities between the rich and the poor worlds, global capitalism could not exist. Empire is, in this sense, about more than formal colonization -it refers to all the ways in which the world's most powerful countries and the international institutions they dominate plan economic activity at the level of the global economy. The international financial system was constructed and designed quite self-consciously by neoliberals who, while claiming to abhor planning of any kind, were quite happy to support planning that protected the interests of capitalists in the rich world. But maybe the neoliberals were not being completely cynical when they claimed to champion the ideals of freedom and democracy. Maybe they just thought these things should only even be available to people like them.
Grace Blakeley (Vulture Capitalism: Corporate Crimes, Backdoor Bailouts, and the Death of Freedom)
In 1940, Fabian socialist H. G. Wells wrote his own The New World Order, popularizing the phrase. The book advocated unification of the nations of the world to end war and bring global peace. Since the late eighteenth century, when the Illuminati first called for the New World Order, many globalists have openly advocated its creation, including President Woodrow Wilson, Vice President Nelson Rockefeller, Secretary of State Henry Kissinger, President George H. W. Bush, British prime minister Tony Blair, Soviet leader Mikhail Gorbachev, banker David Rockefeller, and Vice President Joe Biden. “The world’s elite deal in only one commodity—power,” Marrs wrote in The Rise of the Fourth Reich: The Secret Societies That Threaten to Take Over America. “They seek to gain and maintain the controlling power that comes from great wealth, usually gained through the monopoly of ownership over basic resources. Politics and social issues matter little to the globalist ruling elite, who move smoothly between corporate business and government service… It is this unswerving attention to commerce and banking that lies behind nearly all modern events. It is the basis for a ‘New World Order’ mentioned by both Hitler and former President George H. W. Bush.”19 Over the last century, the elite have engaged in a massive, covert campaign to prepare humanity for the New World Order.
Paul McGuire (Trumpocalypse: The End-Times President, a Battle Against the Globalist Elite, and the Countdown to Armageddon (Babylon Code))
The most common criticism of the spread was that it detached policy debate from the real world, that nobody used language the way that these debaters did, save perhaps for auctioneers. But even adolescents knew this wasn't true, that corporate persons deployed a version of the spread all the time: for they heard the spoken warnings at the end of the increasingly common television commercials for prescription drugs, when risk information was disclosed at a speed designed to make it difficult to comprehend; they heard the list of rules and caveats read rapid-fire at the end of promotions on the radio; they were at least vaguely familiar with the 'fine print' one received from financial institutions and health-insurance companies; the last thing one was supposed to do with these thousands of words was comprehend them. These types of disclosure were designed to conceal; they exposed you to information that, should you challenge the institution in question, would be treated like a 'dropped argument' in a fast round of debate - you have already conceded the validity of the point by failing to address it when it was presented. It's no excuse that you didn't have the time. Even before the twenty-four hour news cycle, Twitter storms, algorithmic trading, spreadsheets, the DDoS attack, Americans were getting 'spread' in their daily lives; meanwhile, their politicians went on speaking slowly, slowly about values utterly disconnected from their policies.
Ben Lerner (The Topeka School)
The overwhelming favorites to dominate the race to become the so-called Information Superhighway were competing proprietary technologies from industry powerhouses such as Oracle and Microsoft. Their stories captured the imagination of the business press. This was not so illogical, since most companies didn’t even run TCP/IP (the software foundation for the Internet)—they ran proprietary networking protocols such as AppleTalk, NetBIOS, and SNA. As late as November 1995, Bill Gates wrote a book titled The Road Ahead, in which he predicted that the Information Superhighway—a network connecting all businesses and consumers in a world of frictionless commerce—would be the logical successor to the Internet and would rule the future. Gates later went back and changed references from the Information Superhighway to the Internet, but that was not his original vision. The implications of this proprietary vision were not good for business or for consumers. In the minds of visionaries like Bill Gates and Larry Ellison, the corporations that owned the Information Superhighway would tax every transaction by charging a “vigorish,” as Microsoft’s then–chief technology officer, Nathan Myhrvold, referred to it. It’s difficult to overstate the momentum that the proprietary Information Superhighway carried. After Mosaic, even Marc and his cofounder, Jim Clark, originally planned a business for video distribution to run on top of the proprietary Information Superhighway, not the Internet. It wasn’t until deep into the planning process that they decided that by improving the browser to make it secure, more functional, and easier to use, they could make the Internet the network of the future. And that became the mission of Netscape—a mission that they would gloriously accomplish.
Ben Horowitz (The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers)
When examining the history of any human network, it is therefore advisable to stop from time to time and look at things from the perspective of some real entity. How do you know if an entity is real? Very simple – just ask yourself, ‘Can it suffer?’ When people burn down the temple of Zeus, Zeus doesn’t suffer. When the euro loses its value, the euro doesn’t suffer. When a bank goes bankrupt, the bank doesn’t suffer. When a country suffers a defeat in war, the country doesn’t really suffer. It’s just a metaphor. In contrast, when a soldier is wounded in battle, he really does suffer. When a famished peasant has nothing to eat, she suffers. When a cow is separated from her newborn calf, she suffers. This is reality. Of course suffering might well be caused by our belief in fictions. For example, belief in national and religious myths might cause the outbreak of war, in which millions lose their homes, their limbs and even their lives. The cause of war is fictional, but the suffering is 100 per cent real. This is exactly why we should strive to distinguish fiction from reality. Fiction isn’t bad. It is vital. Without commonly accepted stories about things like money, states or corporations, no complex human society can function. We can’t play football unless everyone believes in the same made-up rules, and we can’t enjoy the benefits of markets and courts without similar make-believe stories. But the stories are just tools. They should not become our goals or our yardsticks. When we forget that they are mere fiction, we lose touch with reality. Then we begin entire wars ‘to make a lot of money for the corporation’ or ‘to protect the national interest’. Corporations, money and nations exist only in our imagination. We invented them to serve us; how come we find ourselves sacrificing our lives in their service?
Yuval Noah Harari (Homo Deus A Brief History of Tomorrow By Yuval Noah Harari & How We Got to Now Six Innovations that Made the Modern World By Steven Johnson 2 Books Collection Set)
But even with respect to the most insignificant things in life, none of us constitutes a material whole, identical for everyone, which a person has only to go look up as though we were a book of specifications or a last testament; our social personality is a creation of the minds of others. Even the very simple act that we call “seeing a person we know” is in part an intellectual one. We fill the physical appearance of the individual we see with all the notions we have about him, and of the total picture that we form for ourselves, these notions certainly occupy the greater part. In the end they swell his cheeks so perfectly, follow the line of his nose in an adherence so exact, they do so well at nuancing the sonority of his voice as though the latter were only a transparent envelope that each time we see this face and hear this voice, it is these notions that we encounter again, that we hear. No doubt, in the Swann they had formed for themselves, my family had failed out of ignorance to include a host of details from his life in the fashionable world that caused other people, when they were in his presence, to see refinements rule his face and stop at his aquiline nose as though at their natural frontier; but they had also been able to garner in this face disaffected of its prestige, vacant and spacious, in the depths of these depreciated eyes, the vague, sweet residue—half memory, half forgetfulness—of the idle hours spent together after our weekly dinners, around the card table or in the garden, during our life of good country neighborliness. The corporeal envelope of our friend had been so well stuffed with all this, as well as with a few memories relating to his parents, that this particular Swann had become a complete and living being, and I have the impression of leaving one person to go to another distinct from him, when, in my memory, I pass from the Swann I knew later with accuracy to that first Swann—to that first Swann in whom I rediscover the charming mistakes of my youth and who in fact resembles less the other Swann than he resembles the other people I knew at the time, as though one’s life were like a museum in which all the portraits from one period have a family look about them, a single tonality—to that first Swann abounding in leisure, fragrant with the smell of the tall chestnut tree, the baskets of raspberries, and a sprig of tarragon.
Marcel Proust (Swann's Way (In Search of Lost Time, #1))
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No sane person seeks a world divided between billions of people living in absolute deprivation and a tiny elite guarding their wealth and luxury behind fortress walls.
David C. Korten (When Corporations Rule the World)
The global economy is not, however, a healthy economy. In all too many instances, it rewards extractive investors who do not create wealth but simply extract and concentrate existing wealth. The extractive investor’s gain is at the expense of other individuals or the society at large.
David C. Korten (When Corporations Rule the World)
interventions do little to decrease volatility. They simply transfer taxpayer dollars into the hands of speculators.
David C. Korten (When Corporations Rule the World)
From 1980 to 1993, the Fortune 500 industrial firms shed nearly 4.4 million jobs, more than one out of four that they previously provided. During that same period, their sales increased by 1.4 times and assets by 2.3 times. The average annual CEO compensation at the largest corporations increased by 6.1 times to $3.8 million.
David C. Korten (When Corporations Rule the World)
General Electric (GE) shed 100,000 employees over eleven years to bring total employment down to 268,000 in 1992. During that same period, its sales went up from $27 billion to $62 billion, and net income from $1.5 billion to $4.7 billion.9 GE became smaller only in terms of the number of employees who shared the benefits of its growth in profits and market share. It shed its commitment to provide productive and well-remunerated employment for 100,000 people and their families. It retained its technical, financial, and market power.
David C. Korten (When Corporations Rule the World)
Since 1991, retail firms have been going bankrupt at a rate of more than 17,000 a year, up from approximately 11,000 in 1989.
David C. Korten (When Corporations Rule the World)
The world’s five hundred largest industrial corporations, which employ only 0.05 of 1 percent of the world’s population, control 25 percent of the world’s economic output.
David C. Korten (When Corporations Rule the World)
It is far from an incidental consideration that in its internal governance structures, the corporation is among the most authoritarian of organizations and can be as repressive as the most oppressive totalitarian state. Those who work for corporations spend the better portion of their waking hours living under a form of authoritarian rule that dictates their dress, their speech, their values, their behavior, and their levels of income—with no opportunity for appeal. With few exceptions, their subject employees can be dismissed without recourse on momentary notice.
David C. Korten (When Corporations Rule the World)
For growing numbers of people around the world, especially youth, minorities, and women, there is no longer a dream of a more prosperous and secure future, only the bleak prospect of exclusion, despair, deprivation, shame, and brutalizing violence.
David C. Korten (When Corporations Rule the World)
It should now be clear that the cure for the deprivations of poverty will not—cannot—be found in the economic growth of a globalized free market that weakens and destroys the bonds of culture and community to the exclusive benefit of global corporations. The necessary cure lies instead in restoring and strengthening these bonds. Our collective survival—not only of the poor and excluded but also of the relatively affluent and not yet excluded—depends on creating an institutional and values framework that advances this restoration.
David C. Korten (When Corporations Rule the World)
Since a science must be objective and value-free, economists chose to reduce all values to market values as revealed in market price. Thus air, water, and other essentials of life provided freely by nature are treated as valueless until scarcity and privatization render them marketable. By contrast, gold and diamonds, which have almost no use in sustaining life, are valued highly.
David C. Korten (When Corporations Rule the World)
In 1929, there were 20,000 millionaires in the United States and 2 billionaires. By 1944 there were only 13,000 millionaires and no billionaires.
David C. Korten (When Corporations Rule the World)
The number of billionaires in the United States increased from 1 in 1978 to 120 in 1994.
David C. Korten (When Corporations Rule the World)
When rights are a function of property rather than personhood, only those with property have rights.
David C. Korten (When Corporations Rule the World)
chief economist of the World Bank. Summers argued that it is economically most efficient for the rich countries to dispose of their toxic waste in poor countries, because poor people have both shorter life spans and less earning potential than wealthy people.20 In a subsequent commentary on the Summers memo, The Economist took this obscenity even further, stating that it is a moral duty of the rich countries to export their pollution to poor countries because this provides poor people with economic opportunities of which they would otherwise be deprived.
David C. Korten (When Corporations Rule the World)
From the results, one can easily see that the whole point of privatization is neither economic efficiency nor improved services to the consumer but simply to transfer wealth from the public purse—which could redistribute it to even out social inequalities—to private hands. —SUSAN GEORGE
David C. Korten (When Corporations Rule the World)
the West did not prosper in the post–World War II period by rejecting the state in favor of the market. Rather, it prospered by rejecting extremist ideologies of both Right and Left in favor of democratic pluralism: a system of governance based on a pragmatic, institutional balance among the forces of government, market, and civil society.
David C. Korten (When Corporations Rule the World)
A market in which economic power is unjustly distributed will allocate resources to producing luxuries for those with money while depriving those with no money of even the most basic necessities of life. Justice, market efficiency, and institutional legitimacy all depend on constant intervention by government to continuously redistribute income to maintain the equitable distribution of wealth that markets require for a just and efficient allocation of resources to meet the needs of all.
David C. Korten (When Corporations Rule the World)
Before NAFTA we thought corporations could only buy Southern governments. Now we see they also buy Northern governments. —IGNACIO PEÓN ESCALANTE, Mexican Action Network on Free Trade
David C. Korten (When Corporations Rule the World)
The scholar-journalist William Greider maintains that the policy direction of the Democratic Party is now set largely by six Washington law firms that specialize in selling political influence to moneyed clients and in raising money for Democratic politicians. Working closely with Republicans as well, these firms are in the business of brokering power to whoever will pay their fees.17 This is the sorry state of American democracy.
David C. Korten (When Corporations Rule the World)
We are ruled by an oppressive market, not an oppressive state.
David C. Korten (When Corporations Rule the World)
The more time we spend immersed in the corporate-controlled-and-packaged world of television, the less time we have for the direct human exchanges through which cultural identity and values were traditionally expressed, reinforced, and updated.
David C. Korten (When Corporations Rule the World)
Market tyranny may be more subtle than state tyranny, but it is no less effective in enslaving the many to the interests of the few.
David C. Korten (When Corporations Rule the World)
In the words of Paul Hawken, “Our minds are being addressed by addictive media serving corporate sponsors whose purpose is to rearrange reality so that viewers forget the world around them.”1
David C. Korten (When Corporations Rule the World)
History and daily life demonstrate both our capacity for hatred, violence, competition, and greed and our capacity for love, tenderness, cooperation, and compassion. Healthy societies nurture the latter and make it easy to live in balance with one another and nature. In consequence, they enjoy an abundance of what is most important to human happiness and well-being. Dysfunctional societies nurture the former and in consequence suffer scarcity and deprivation.
David C. Korten (When Corporations Rule the World)
Societies would be better off if, instead of paying millions of people sometimes outrageous amounts to do work that is harmful to the quality of our lives, we gave them the same pay to sit home and do nothing. Although far from an optimal solution, it would make more sense than the wholly irrational practice of organizing societies to pay people to do things that result in a net reduction in real wealth and well-being.
David C. Korten (When Corporations Rule the World)
When the last tree is cut, the last fish is caught, and the last river is polluted; when to breathe the air is sickening, you will realize, too late, that wealth is not in bank accounts and that you can’t eat money. —ALANIS OBOMSAWIN of the Abenaki tribe
David C. Korten (When Corporations Rule the World)
Our future depends on replacing a life-destroying capitalist suicide economy with a living economy devoted to life’s service. The need is urgent and imperative. The time to debate whether it is necessary or even possible has long passed. We must turn what seems politically impossible into the politically unstoppable. And we must do it in a blink of history’s eye.
David C. Korten (When Corporations Rule the World)
International Baby Food Action Network (IBFAN), an international alliance of citizen advocacy groups, to boycott Nestlé products. Responding to evidence that bottle-feeding was causing thousands of infant deaths each year in poor countries, the boycotters demanded that Nestlé stop the aggressive promotion of its infant formula as a modern and nutritious substitute for breast-feeding. Nestlé launched a vicious counterattack, which spurred the rapid growth of IBFAN into a coalition of more than 140 citizen groups in seventy countries. As a result of the IBFAN efforts, the World Health Organization issued a code of conduct in 1981 governing the promotion of baby formula, and Nestlé made a promise—subsequently dishonored—to follow the code.
David C. Korten (When Corporations Rule the World)
Fifty Years Is Enough campaign organized by citizen groups on the occasion of the fiftieth anniversary of the World Bank and the International Monetary Fund (IMF).
David C. Korten (When Corporations Rule the World)
When we limit ourselves to fragmented approaches to dealing with systemic problems, our solutions are certain to prove inadequate.
David C. Korten (When Corporations Rule the World)
markets and politics are both about governance, power, and the allocation of society’s resources
David C. Korten (When Corporations Rule the World)
In a political democracy, each person gets one vote. In the market, one dollar is one vote, and you get as many votes as you have dollars. No dollar, no vote. Markets are inherently biased in favor of people of wealth.
David C. Korten (When Corporations Rule the World)
Greed is a high-paid corporate executive firing 10,000 employees and then rewarding himself with a multimillion-dollar bonus for having saved the company so much money.
David C. Korten (When Corporations Rule the World)
The larger the corporation and the “freer” the market, the greater is its ability to force others to bear its costs and thereby subsidize its profits. Some call this theft. Economists call it “economies of scale.
David C. Korten (When Corporations Rule the World)
Astronauts live on spaceships hurtling through space with a human crew and a precious and limited supply of resources. Everything must be maintained in balance, recycled; nothing can be wasted. The measure of well-being is not how fast the crew is able to consume its limited stores but rather how effective the crew members are in maintaining their physical and mental health, their shared resource stocks, and the life-support system on which they all depend. What is thrown away is forever inaccessible. What is accumulated without recycling fouls the living space. Crew members function as a team in the interests of the whole. No one would think of engaging in nonessential consumption unless the basic needs of all were met and there was ample provision for the future.
David C. Korten (When Corporations Rule the World)
The study concluded, “Imperialism can best be viewed as a mechanism for transferring income from the middle to the upper classes.
David C. Korten (When Corporations Rule the World)
Economic growth provides the conditions in which protection of the environment can be best achieved. —INTERNATIONAL CHAMBER OF COMMERCE
David C. Korten (When Corporations Rule the World)
If the prophets of illusion who promote growth as the answer to poverty are really concerned with the plight of the poor, let them advocate measures that directly increase the ability of the poor to meet their basic needs—not tax breaks for the rich.
David C. Korten (When Corporations Rule the World)
Today’s business corporation is an artificial creation, shielding owners and managers while preserving corporate privilege and existence. Artificial or not, corporations have won more rights under law than people have—rights which government has protected with armed force. —RICHARD L. GROSSMAN and FRANK T. ADAMS
David C. Korten (When Corporations Rule the World)
Community-based living economies are most secure, stable, productive, and innovative when they organize to meet their own needs with their own resources while freely sharing ideas and technology and trading their surplus in balanced exchange with their neighbors.
David C. Korten (When Corporations Rule the World)
Real investment is long-term and produces real value for society. Speculation is short-term and expropriates for private benefit the wealth created by others while contributing nothing of value to society in exchange.
David C. Korten (When Corporations Rule the World)
Certainly, what Kant calls the transcendental reference, experience and object of experience are in a sense present in both opposed views of the nature of the subjective *a-priori*. In both cases the object must 'order itself' according to the rules of the knowing mind or its functions, irrespective of whether the specific function of cognition is based on a systematic construction, synthetization, formation of the object from 'given' sensational material or on a methodical selection-process (suppression, abstraction, disregard) imposed on a self-constituting object. For if the order of selection in which the fulness of the world, as it is in ipseity, reaches man (or a particular kind of man, e.g., a type of racial or cultural unity) is so governed that an object of essence *B* is only given when an object of essence *A* has already been given (if, that is to say, *A* has datum-priority over *B* in order of time―not necessarily in direct succession), then if an object *X* is simultaneously of essence *A* and *B*, everything which is true of *A* must necessarily be true of *X*―not vice versa. For example, if spatiality and extensity have strict perceptual priority over all essential properties of matter and corporeality, geometry must be strictly valid for all possible bodies. But the same principle, the applicability of geometry to all bodies without exception, would still hold good if Kant's doctrine were true―though it denies the very reality of extension and space, and explains the spatial form as merely a subjective aspect of the datum. Thus in both cases the transcendental validity of the so-called *a-priori*, even for the objects of experience, would persist, so that in itself it offers us *no* criterion of choice between one or other *hypothesis*―that which supposes a synthetic addition of the form on the part of the spontaneous mind, or the other, which postulates an ordered selection in conformity with foreknown essences." ―from_On the Eternal in Man_. The Nature of Philosophy, with a new introduction by Graham McAleer
Max Scheler
When Warren was a little boy fingerprinting nuns and collecting bottle caps, he had no knowledge of what he would someday become. Yet as he rode his bike through Spring Valley, flinging papers day after day, and raced through the halls of The Westchester, pulse pounding, trying to make his deliveries on time, if you had asked him if he wanted to be the richest man on earth—with his whole heart, he would have said, Yes. That passion had led him to study a universe of thousands of stocks. It made him burrow into libraries and basements for records nobody else troubled to get. He sat up nights studying hundreds of thousands of numbers that would glaze anyone else’s eyes. He read every word of several newspapers each morning and sucked down the Wall Street Journal like his morning Pepsi, then Coke. He dropped in on companies, spending hours talking about barrels with the woman who ran an outpost of Greif Bros. Cooperage or auto insurance with Lorimer Davidson. He read magazines like the Progressive Grocer to learn how to stock a meat department. He stuffed the backseat of his car with Moody’s Manuals and ledgers on his honeymoon. He spent months reading old newspapers dating back a century to learn the cycles of business, the history of Wall Street, the history of capitalism, the history of the modern corporation. He followed the world of politics intensely and recognized how it affected business. He analyzed economic statistics until he had a deep understanding of what they signified. Since childhood, he had read every biography he could find of people he admired, looking for the lessons he could learn from their lives. He attached himself to everyone who could help him and coattailed anyone he could find who was smart. He ruled out paying attention to almost anything but business—art, literature, science, travel, architecture—so that he could focus on his passion. He defined a circle of competence to avoid making mistakes. To limit risk he never used any significant amount of debt. He never stopped thinking about business: what made a good business, what made a bad business, how they competed, what made customers loyal to one versus another. He had an unusual way of turning problems around in his head, which gave him insights nobody else had. He developed a network of people who—for the sake of his friendship as well as his sagacity—not only helped him but also stayed out of his way when he wanted them to. In hard times or easy, he never stopped thinking about ways to make money. And all of this energy and intensity became the motor that powered his innate intelligence, temperament, and skills.
Alice Schroeder (The Snowball: Warren Buffett and the Business of Life)
Rarely in the history of the United States has the nation been so ill-served as during the presidency of George W. Bush. When Bush took office in 2001, the federal budget ran a surplus, the national debt stood at a generational low of 56 percent of gross domestic product (GDP), and unemployment clocked in at 4 percent—which most economists consider the practical equivalent of full employment. The government’s tax revenue amounted to $2.1 trillion annually, of which $1 trillion came from personal income taxes and another $200 billion from corporate taxes. Military spending totaled $350 billion, or 3 percent of GDP—a low not seen since the late 1940s—and not one American had been killed in combat in almost a decade. Each dollar bought 1.06 euros, or 117 yen. Gasoline cost $1.50 per gallon. Twelve years after the Berlin Wall came down, the United States stood at the pinnacle of authority: the world’s only superpower, endowed with democratic legitimacy, the credible champion of the rule of law, the exemplar of freedom and prosperity.1 Eight years later the United States found itself in two distant “wars of choice”; military spending constituted 20 percent of all federal outlays and more than 5 percent of the gross domestic product. The final Bush budget was $1.4 trillion in the red and the national debt was out of control. The nation’s GDP had increased from $10.3 trillion to $$14.2 trillion during those eight years, but a series of tax cuts that Bush introduced had reduced the government’s revenue from personal income taxes by 9 percent and corporate taxes by 33 percent. Unemployment stood at 9.3 percent and was rising; two million Americans had lost their homes when a housing bubble burst, and new construction was at a standstill. The stock market had taken a nosedive, the dollar had lost much of its former value, and gasoline sold for $3.27 a gallon.2 The United States remained the world’s only superpower, but its reputation abroad was badly tarnished.
Jean Edward Smith (Bush)
Further Reading You can learn more about the technologies and themes explored in Freedom™ through the following books: Omnivore’s Dilemma by Michael Pollan, Penguin Press The Shock Doctrine by Naomi Klein, Metropolitan Books When the Rivers Run Dry by Fred Pearce, Beacon Press The Shadow Factory by James Bamford, Doubleday When Corporations Rule the World by David C. Korten, Kumarian Press & Berrett-Koehler Publishers The Transparent Society by David Brin, Basic Books Wired for War by P. W. Singer, Penguin Press The Populist Moment by Lawrence Goodwyn, Oxford University Press Wikinomics by Don Tapscott and Anthony D. Williams, Portfolio Brave New War by John Robb, John Wiley & Sons
Daniel Suarez (Freedom™ (Daemon #2))
The way Richie saw it, something had happened to mainstream music during the post-grunge phase of the ’90s and so far this year’s releases had been the most vapid of the lot, save for a few that maybe had some artistic expression if you listened hard enough (and excluding the Chili Peppers record, which ruled). Corporate major labels and MTV had joined forces in a union of evil to destroy all semblance of art from the world and churn the charred remains—not art anymore but products—through a dollar factory of unfettered capitalism, squeezing out the big bucks as quickly as possible before the whole crazy ride comes to a screaming, bloody end. Which it would. All of this would come to a tragic end; the whole western world had gone mad, taking mindless consumerism to dizzying new heights as most of the East scrambled to get in on the action. Meanwhile, people like him and Alabama slip through the cracks and no one in this apathetic hellhole gives a shit, too busy patching over the vacancies of their lives in desperate attempts to forget the dreams they abandoned when they sold out to the machine. Of course he and Alabama were junkies. Of course they were thieves. What choice did they have when you got right—right—down to it? Their fates had been sealed when society had set itself upon this dark path, and there would be many more Richies and Alabamas to come so long as it stayed the course.
Philip Elliott
I'd always had profits and I always had the cash I needed to operate. I had failed to appreciate the difference between profits and cash flow. It shook me up to see the cash disappear when I started flipping the stores and adding corporate overheads.
John Mullins (Break the Rules!: The Six Counter-Conventional Mindsets of Entrepreneurs That Can Help Anyone Change the World)
I am fond of pointing out to entrepreneurs and executives that “in theory, you don’t need practice.” What I mean is that no matter how brilliant your business model and growth strategy, you won’t be able to build a real-world (i.e., non-theoretical) blockbuster company without a lot of practice. But that problem is magnified when you’re trying to blitzscale. The kind of growth involved in blitzscaling typically means major human resources challenges. Tripling the number of employees each year isn’t uncommon for a blitzscaling company. This requires a radically different approach to management than that of a typical growth company, which would be happy to grow 15 percent per year and can take time finding a few perfect hires and obsessing about corporate culture. As we will discuss in more detail later in the book, companies that blitzscale have to rapidly navigate a set of key transitions as their organizations grow, and have to embrace counterintuitive rules like hiring “good enough” people, launching flawed and imperfect products, letting fires burn, and ignoring angry customers. Over the course of this book, we’ll see how business model, growth strategy, and management innovation work together to form the high-risk, high-reward process of blitzscaling.
Reid Hoffman (Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies)
Nevertheless, I gathered my courage and asked, "When I speak to Western audiences, should I encourage people to boycott those stores where sweatshop clothes are made?" I expected to get a full-octave blast against Americanization, globalization and our materialistic corruption of the world. He surprised me with his answer, however, which he spoke in a very sober voice. "No. If your people boycott those clothes, poor people will get poorer. The factory might close, and people getting pennies in a sweatshop will now have to resort to doing something else, maybe worse, like prostitution, in order to feed their families." "So what shall I tell my listeners?" I asked him. He replied, "Tell people, especially your businesspeople, to become executives for Nike and other multinational corporations that run these factories. In positions of leadership, they can bring a Christian influence of compassion and justice and mercy into that environment. They can make rules of how the factory workers are treated. That could turn a whole village toward the gospel.
Paul Borthwick (Western Christians in Global Mission: What's the Role of the North American Church?)
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Fiction isn’t bad. It is vital. Without commonly accepted stories about things like money, states or corporations, no complex human society can function. We can’t play football unless everyone believes in the same made-up rules, and we can’t enjoy the benefits of markets and courts without similar make-believe stories. But the stories are just tools. They should not become our goals or our yardsticks. When we forget that they are mere fiction, we lose touch with reality. Then we begin entire wars ‘to make a lot of money for the corporation’ or ‘to protect the national interest’. Corporations, money and nations exist only in our imagination. We invented them to serve us; why do we find ourselves sacrificing our lives in their service? In the twenty-first century we will create more powerful fictions and more totalitarian religions than in any previous era. With the help of biotechnology and computer algorithms these religions will not only control our minute-by-minute existence, but will be able to shape our bodies, brains and minds, and to create entire virtual worlds complete with hells and heavens. Being able to distinguish fiction from reality and religion from science will therefore become more difficult but more vital than ever before.
Yuval Noah Harari (Homo Deus: A Brief History of Tomorrow)
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Quote by 2028's Complete Guide to Buying Verified bybit Accounts Quote by 2028's complete guide — learn why buying verified Bybit accounts is dangerous and illegal, and discover fast, legal, and secure ways to create, verify, and protect your own Bybit account. ═══════➤═══════➤═══════➤═══════➤═══════➤═══════➤ ═══════➤ SmmusaZone 24/7 live chat support If you want to more information just contact now. ═══════➤ 24/7 customer support ═══════➤ Quick Delivery ═══════➤ Please Contact Us: ⬇⬇⬇ ═══════➤ Telegram:@smmusazone ═══════➤ WhatsApp: ‪+1 (850) 247-7643 ═══════➤ Discord:smmusazone ═══════➤═══════➤═══════➤═══════➤═══════➤═══════➤ Introduction — The temptation and the law It’s tempting to shortcut bureaucracy. Need a verified account fast? Someone online offers one for a price and promises it’s safe. But in the crypto world, “fast” often becomes “forever locked.” Buying a verified Bybit account tries to outsource identity checks and ownership proof — and that’s a one-way ticket to serious legal, financial, and security trouble. This guide explains the risks and shows you legitimate, often faster, alternatives to get fully verified and operational on Bybit. What “verified” means on Bybit and other exchanges KYC & AML basics Verification (KYC — Know Your Customer) is a regulatory and risk-management process. Exchanges verify identity and sometimes source-of-funds to: Satisfy AML (Anti-Money Laundering) rules. Enable fiat onramps and withdrawals. Increase trust and reduce fraud. Verification tiers and features Typical tiers: Unverified / Basic: Crypto trades often allowed, low limits. Verified (Individual): Fiat deposits, higher withdrawal limits, full feature access. Verified (Corporate/Institutional): OTC access, higher limits, tailored services. Verification isn’t gatekeeping — it’s compliance and user protection. Why people think about buying verified accounts Common motivations Quick access to fiat rails or high withdrawal limits. Getting around slow local KYC processes. Accessing region-restricted services. The lure of speed and convenience Shortcuts promise immediate capability, and for traders, speed equals opportunity. But this convenience comes with disproportionate risk when verification and ownership are misrepresented. Why buying verified accounts is a bad idea Terms of Service violations Most exchanges explicitly forbid account transfer or sale. If discovered, the account can be frozen, banned, and reported. The buyer usually loses funds with no recourse. Legal, financial and reputational risks You could inherit the original owner’s legal exposure (fraud, money laundering). Funds could be seized by authorities. Your identity could be linked to illicit activity. Real-world scams and case examples Scammers often sell accounts that are: Temporarily controlled (seller can re-take control). Tied to stolen documents (leading to criminal investigations). Already blacklisted — funds get frozen on first suspicious transaction. These aren’t hypothetical — regulators and exchanges have numerous takedown reports. How exchanges detect suspicious account transfers Technical and behavioral signals IP inconsistencies and sudden geolocation changes. Device fingerprint differences and new device logins. KYC document ownership mismatches. Unusual transaction patterns (sudden large deposits/withdrawals). Forensic trails and regulatory reporting Exchanges maintain logs and share suspicious activity with law enforcement. If an account was verified under one person and used by another, the discrepancy is a red flag. How to create and verify your Bybit account legally Here’s a fast, practical walkthrough to do it right. Step-by-step registration Visit the official Bybit website or download the official app. Bookmark the page to avoid phishing.
Quote by 2028's Complete Guide to Buying Verified bybit Accounts