Corporations First Purpose

Corporations were not originally created to maximize profit to stockholders, as most people today believe. They were first created to serve the public interest, the public purpose.

Ralph Estes, Tyranny of the Bottom Line (1996), quoted from What Liberals Believe, page 143, edited by William Martin

ralph estes

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About jeneanecommonplacebook

What Is a Commonplace Book? A commonplace book is someone’s personal collection of quotes, witticisms, observances, poems, and even graffiti that have inspired them, made them laugh or touched them in some way. Many famous people throughout history have had commonplace books, such as Thomas Jefferson, John Milton, Mark Twain, Henry David Thoreau, and the scientist, Carl Linnaeus. I began my commonplace books while I was in junior high school in the early 1970’s and so I have almost 50 years of quotes about such a wide variety of topics told in ways more eloquent, wise or humorous than anything I could ever come up with. And it’s wonderful that in this type of blog, I can also include some of my favorite artists and their artwork as well. I'm almost 60 years old with a daughter, 3 granddaughters, and a kitty-cat. I live in beautiful Bay City, MI. I have 2 associate degrees with additional college credits and hopefully I will be able to complete my goal of obtaining my Bachelor's Degree in Accounting. (Life keeps getting in the way). I enjoy literature, horse racing, baseball, NFL football, The Olympics, astronomy, history (particularly Irish), art, old movies, Downton Abbey, The Good Wife, Unit One, science, The Beatles, Frank Sinatra, U2, The Doors, oh and so much more! I have very eclectic and prolific interests. If you would like to check out my personal writings, please go to jeneanebehmeswritings.wordpress.com
This entry was posted in commonplace book, corporation, corporations first purpose, Jeneane Behme, public interest, quotes, Ralph Estes, Uncategorized, What Liberals Believe book, William Martin and tagged , , , , , , , , . Bookmark the permalink.

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