A Quote by Juanita M. Kreps
... between government, business, and the public, there is a triangular community of interest. Clearly, it is in business' interest to shape its behavior to prevailing public values; it is more efficient to do so than not to do so. It is also clear that government is the high-cost alternative through which public values are imposed on corporations that do not accurately perceive these values.
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The Federal Government has a responsibility to manage wisely those public lands and forests under its jurisdiction necessary in the interest of the public as a whole. ... In the utilization of these lands, the people are entitled to expect that their timber, minerals, streams and water supply, wildlife and recreational values should be safeguarded, improved and made available not only for this but for future generations.
When we control business in the public interest we are also bound to encourage it in the public interest or it will be a bad thing for everybody and worst of all for those on whose behalf the control is nominally exercised.
Interest in business ethics courses has surged, and student activities at leading business schools are more focused than ever before on making business serve long-term social values.
When governments go too far to punish people for actions that are dissent rather than a real threat to the nation, they risk delegitimizing not just their systems of justice, but the legitimacy of the government itself. Because when they bring political charges against people for acts that were clearly at least intended to work in the public interest, they deny them the opportunity to mount a public-interest defense.
A free society depends upon a high degree of mutual trust. The public will not give that trust to officials who are not seen to be impartially dedicated to the general public interest, nor will they give trust to those high in government who violate the rule of law they ask citizens to obey at the expense of self-interest, or to those who present government as the place where one feathers his own nest, [or] exchanges favors with friends and former associates.
If you are given a public responsibility, you have to listen, weigh up all the issues, but ultimately you have to form a view of what you genuinely think is in the public interest... put the public interest above the vested interest.
Corporations have enormous treasuries, and there are a lot of things they want from government, many of which clash with the public interest.
Yes, religion and politics do mix. America is a nation based on biblical principles. Christian values dominate our government. The test of those values is the Bible. Politicians who do not use the bible to guide their public and private lives do not belong in office.
A majority of Americans support Social Security and Medicare, a progressive tax system and a government that regulates business in the public interest, but most share deep skepticism about the government's ability to do all this well.
There is no institution more vital to our Nation's survival than the American family. Here the seeds of personal character are planted, the roots of public virtue first nourished. Through love and instruction, discipline, guidance and example, we learn from our mothers and fathers the values that will shape our private lives and our public citizenship.
In Utah alone, ten million acres are open for business. Their policy is not about the public or the public's best interest. It is about the oil and gas corporations' best interests.
There is far more danger in public than in private monopoly, for when Government goes into business it can always shift its losses to the taxpayers. Government never makes ends meetand that is the first requisite of business.
The notion of public service has effectively been abandoned. Every political party now buys into business values, and into the notion that by definition business must run things more efficiently.
Public interest criteria does not mean criteria that the public decides are in its interest. It means that the elite - via various appointed bodies - decide what the public's interest is for them.
Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which governs valuation of minority interest positions, is of little or no importance in valuing a controlling interest.
The artist must operate on the assumption that the public consists in the highest order of individual; that he is civilized, cultured, and highly sensitive both to emotional and intellectual contexts. And while the whole public most certainly does not consist in that sort of individual, still the tendency of art is to create such a public - to lift the level of perceptivity, to increase and enrich the average individual's store of values... I believe that it is in a certain devotion to concepts of truth that we discover values.
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