MORE THAN ONE WAY TO SKIN A CORPORATE CAT

MORE THAN ONE WAY TO SKIN A CORPORATE CAT
By Andrea Thomas

The best argument in favor of the for-profit business model (FPBM) is that it creates jobs and new project investment. Now, however, it is clear that the unbridled FPBM will ultimately take our economy down, further divide socio-economic classes, further harm our environment and act immorally. It concentrated income into a few elite wealthy people, a status that precipitated both the Great Depression and our recent Great Recession. It made the poor poorer. It allowed environmental nightmares such as the Gulf of Mexico oil leak. It allowed this Great Recession. It promoted greed at any cost as good, turning its back on social responsibility.