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.
We have designed a capitalist system wrong. We assume human beings are one-dimensional, all they do is make money, so we've created a money-centric world.
If low taxes were the way that people like me created wealth, then we'd be starting our companies in the Congo or Somalia or Afghanistan, but we're not. We come to places where there are lots and lots of customers.
In a world with weak aggregate demand, countries are engaging in a futile competition for a greater share of it. In the process, they are creating financial-sector and cross-border risks that will become increasingly apparent as countries exit their unconventional policies.
The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality. Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.
We will not have any more crashes in our time.
There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.
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