Delaware Liberal

“Shareholder Primacy” aka, THE WORLD’s DUMBEST IDEA – Revisited

Groveling to corporations, throwing tax abatements at them and begging them in your city was not the norm prior to the hegemony of “Shareholder Primacy”

Before THE WORLD’s DUMBEST IDEA became business school (and legal) orthodoxy, many companies had a healthy interest in their country, their communities, and their workers.

In 1970 that was all swept away, and replaced with what we have now – a shitmess.

Exit mobile version