Why Large Businesses Can Be a Social Problem
MASS production, the PUBLIC corporation and
“ECONOMIES OF SIZE” were the driving force that
created the MODERN economy
The STRUCTURE of public corporations REQUIRES that their PRIMARY goal be to “MAKE MONEY” thus putting a PREMIUM on SHORT term results to the detriment of LONG-TERM consequences
Management decisions that made money in the
SHORT term have been responsible in the past few decades
for the COLLAPSE of MANY major U.S. corporations
Managers in LARGE businesses acquire POWER. This brings with it CORRUPTING temptations. Witness the many PROSECUTIONS for corporate MALFEASANCE and senior executives for EGREGIOUS actions
