A Quote by Jean Ziegler
Profit maximization is the murderous strategy of global corporation hierarchies
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The concept of profit maximization is, in fact, meaningless.
The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.
We live in a time when complex ethical questions are easily subordinated to the demands of efficiency, profit maximization, and maintenance or furthering of political power.
The antidote to inequality is equality. The question is how do you achieve equality? I believe that, for business, which is where I can speak, we have to shift from shareholder maximization to stakeholder maximization.
It isn't generally the case that liberals dominate entire hierarchies. That isn't generally how it works, because the hierarchies are usually set up so that conservatives fill up the hierarchies; it's in the nature of hierarchy.
For the corporation executives, the military metaphysic often coincides with their interest in a stable and planned flow of profit; it enables them to have their risk underwritten by public money; it enables them reasonably to expect that they can exploit for private profit now and later, the risky research developments paid for by public money. It is, in brief, a mask of the subsidized capitalism from which they extract profit and upon which their power is based.
The corporation cannot be ethical, its only responsibility is to make a profit.
Corporation: An ingenious device for obtaining profit without individual responsibility.
Today I send this message to every emerging global corporation: "justice; family, community, and union" are the same in every language and, wherever you go and whatever you do, a new global labor movement is coming to find you.
If we can no longer believe in heavenly hierarchies, extraterrestrial hierarchies will suffice.
The corporation, like the psychopathic personality it resembles, is programmed to exploit others for profit.
The essence of capitalism is expressed in two of its basic features: a) profit maximization and b) market competition. In their abstract formulations none of them was supposed to have anything conspiratorial against the poor. But in real life they turn out to be the "killers" of the poor - by making rich the richer and poor the poorer.
First of all, a giant corporation probably shouldn't be being hacked by teenagers. I put that on the corporation, not the teenagers. Teenagers are going to do what teenagers are going to do - rebelling. But if they're able to hack a big corporation, that seems like the corporation should be better at security.
The perception of potential threats to survival may be much more important in determining behavior than the perceptions of potential profits, so that profit maximization is not really the driving force. It is fear of loss rather than hope of gain that limits our behavior.
What type of 'person' is the for-profit corporation? A spoiled brat - all rights and no responsibilities, a traditional conservative argument would say.
The bureaucratic culture that we [Afghanistan] have inherited is an obstacle. Hierarchies may be extremely efficient for dealing with certain events, but they are not quick in responding to global, flexible networks.
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