What if there was a library which held every book? Not every book on sale, or every important book, or even every book in English, but simply every book - a key part of our planet's cultural legacy.
Aaron SwartzRead
Large corporations, of course, are blinded by greed. The laws under which they operate require it - their shareholders would revolt at anything less.
Interpretation
This quote highlights how corporate greed is often prioritized over ethical considerations due to shareholder expectations.
Aaron Swartz's quote criticizes the inherent greed that large corporations embody, suggesting that their operational frameworks are designed to maximize profit at the expense of ethical behavior. He underscores the notion that shareholders demand such greed, implying a systemic issue within corporate governance that prioritizes financial gain over moral responsibilities.
In practice
In a discussion about corporate ethics, this quote can illustrate the conflict between shareholder demands and ethical responsibilities.
What if there was a library which held every book? Not every book on sale, or every important book, or even every book in English, but simply every book - a key part of our planet's cultural legacy.
Without the ability to talk about government power, there's no way for citizens to make sure this power isn't being misused.
We need to download scientific journals and upload them to file-sharing networks.
Think deeply about things. Don’t just go along because that’s the way things are or that’s what your friends say. Consider the effects, consider the alternatives, but most importantly, just think.
But like all power, there are those who want to keep it for themselves. The world's entire scientific and cultural heritage, published over centuries in books and journals, is increasingly being digitized and locked up by a handful of private corporations. Want to read the papers featuring the most famous results of the sciences? You'll need to send enormous amounts to publishers like Reed Elsevier.
Information is power. But like all power, there are those who want to keep it for themselves.
The first step to prescribing the right medicine is to recognize the cause of the illness. And, when it comes to what is ailing the global economy, extreme monetary easing has been more cause than cure. The sooner we recognize that, the stronger and more sustainable the global economic recovery will be.
When the word 'morality' comes up in connection with economics, income distribution and financial stability are usually the issues. Is it moral for rich countries to use such a high proportion of the world's resources or for investment bankers to earn large bonuses?
What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
Economics is a choice between alternatives all the time. Those are the trade-offs.
Reforms aimed at increasing an economy's flexibility are always hard - and even more so at a time of weak growth - because they require eliminating protections for vested interests in the short term for the sake of greater long-term prosperity.
My agency in promoting the passage of the National Bank Act was the greatest financial mistake of my life. It has built up a monopoly, which affects every interest in the country. It should be repealed, but before that can be accomplished, the people will be arrayed on one side and the banks on the other, in a contest such as we have never before seen in this country.
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