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.

Greed Is The Creed - Is the Non-Profit Model the Way Out?

Where greed is the creed, as with our current form of capitalism, there is very little chance for the under-classes to truly succeed past a month-to-month existence (M2ME). My consumer view of corporations eschewing sensible long-term business strategies in order to please controlling stockholders for the short term, coupled with my long experience working for corporations and seeing those with the coldest hearts and/or family ties rising to top management tells me that most top management got there by living the greed creed.