A Quote by Noreena Hertz

Rather than empowering all, consumer and shareholder activism gives greatest voice to those with the most money in their pockets, those who can switch from seller to seller with relative ease. Consumer and shareholder activism is a form of protest that favours the middle classes, an outpouring of the dissatisfaction of the bourgeoisie.

Noreena Hertz

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Activism Bourgeoisie Classes Consumer Dissatisfaction Ease Empowering Favours Form Gives Greatest Middle Middle Class Money Most Outpouring Pockets Protest Rather Relative Seller Switch Than Those Voice

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Noreena Hertz
English - Author
Born: September 24, 1967

The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home and free trade throughout the world. The consumer is protected from being exploited by one seller by the existence of another seller from whom he can buy and who is eager to sell to him. Alternative sources of supply protect the consumer far more effectively than all the Ralph Naders of the world.

Milton Friedman

One way to promote shareholder engagement and activism is through greater accountability and transparency.

Chuka Umunna

Shareholder activism works when activists understand something about the characteristics of the business that the board doesn't.

Ben Horowitz

Activism is a way for useless people to feel important, even if the consequences of their activism are counterproductive for those they claim to be helping and damaging to the fabric of society as a whole.

Thomas Sowell

Stock ownership in the US is very highly concentrated. [Shareholder actions are] something, but it's like the old Communist Party in the USSR, it would be nice to see more protest inside the Communist Party but it's not democracy. It's not going to happen. [Shareholder actions] are a good step, but they're mostly symbolic.

Noam Chomsky

I have to look out for the shareholder’s interests, and I’m the largest shareholder.

Carl Icahn

Shareholder activism is not a privilege - it is a right and a responsibility. When we invest in a company, we own part of that company and we are partly responsible for how that company progresses. If we believe there is something going wrong with the company, then we, as shareholders, must become active and vocal.

Mark Mobius

I think social media, it in a way forces companies to be more authentic or more transparent because it gives a voice to the consumer and a reach to the consumer that they didn't have before.

Padmasree Warrior

Money can be issued only in the act of buying, and can be backed only in the act of selling. Any buyer who is also a seller is qualified to be a money issuer. Government, because it is not and should not be a seller, is not qualified to be a money issuer.

E.C. Riegel

Tourism provides employment to the poorest of the poor. Gram seller earns something, auto-rickshaw driver earns something, pakoda seller earns something, and tea seller also earns something.

Narendra Modi

There's been million-seller books and million-seller CDs. But there hasn't been, until now, million-seller art.

Thomas Kinkade

I consider myself an 'actorvist.' When I say that, what I mean is that I use my art to inform my activism and to be my activism sometimes, but I also use my activism in my art.

Wilson Cruz

The tricks and artifices of advertising are available to the seller of the better product no less than to the seller of the poorer product. But only the former enjoys the advantage derived from the better quality of his product.

Ludwig von Mises

In the age of activism that is clearly not going away, it would seem that some form of engagement from directors with shareholders - rather than directors simply taking their cues from management - would go a long way toward helping boards work on behalf of all shareholders rather just the most vocal.

Andrew Ross Sorkin

Rather than simply interrupting a television show with a commercial or barging into the consumer’s life with an unannounced phone call or letter, tomorrow’s marketer will first try to gain the consumer’s consent to participate in the selling process.

Seth

My activism always existed. My art gave me the platform to do something about the activism.

Harry Belafonte

A Quote by Noreena Hertz

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