"Inclusion creates economic growth. So the neoliberal idea that inclusion is this fancy luxury to be afforded if and when we have growth is both wrong and backwards. The economy is people. Including more people in more ways is what causes economic growth in market economies...The third principle is the purpose of the corporation is not merely to enrich shareholders. The greatest grift in contemporary economic life is the neoliberal idea that the only purpose of the corporation and the only responsibility of executives is to enrich themselves and shareholders. The new economics must and can insist that the purpose of the corporation is to improve the welfare of all stakeholders: customers, workers, community and shareholders alike."
More by Nick Hanauer
See allResonant Thoughts
"The thing that I think very striking is that no one, or no one I can remember, ever writes of an execution with approval. The dominant note is always horror. Society, apparently, cannot get along wi…"
"We have been hurt more morally that physically because of what had happened against us in both deeds and words by you. Despite all this you will always remain our son whatever happened. We still pray …"
Explore Further
Related Quotes
"My loneliness was born when men praised my talkative faults and blamed my silent virtues."
— Kahlil Gibran"I have learned much in two thousand years, but nothing about any gods, except that they too, arise, change,…"
— Poul Anderson"In the course of thousands of years of mechanical development, the mechanistic concept, from generation to …"
— Wilhelm Reich"I'm really into this kid Brett Dermen, who I heard at the Hotel Cafe in Hollywood. He may get lumped in wit…"
— Brett Dennen"Genius borrows nobly. When Shakespeare is charged with debts to his authors, Landor replies: "Yet he was mo…"
— Ralph Waldo Emerson"Soon we shall die and all memory of those five will have left earth, and we ourselves shall be loved for a …"
— Thornton Wilder