Quotes About Corporate wealth

With the coal strike, Theodore Roosevelt had grasped the historical moment that signaled the clear emergence of a domestic purpose for his young administration—to restrain the rampant consolidation of corporate wealth that had developed in the wake of the Industrial Revolution. The speed and size of that consolidation, Roosevelt powerfully felt, "accentuates the need of the Government having some power of supervision and regulation over such corporations.

Google makes so much money that it's now worth three times more than every U.S. airline combined.

Profit sharing in the form of stock distributions to workers would help to democratize the ownership of America's vast corporate wealth which is today appallingly undemocratic and unhealthy.

Most people seem unaware that corporate influence and wealth has taken over public policy, such that government policy now favors the wealthy few at the expense of the people.

The opulence at the head office is often inversely related to the financial substance of the firm. Charlie Munger, paraphrasing Parkinson

The companies on the original Fortune 500 list earned a combined $8.3 billion in profit in 1955 (approximately $79 billion in 2019 dollars). In 2019, the Fortune 500 came out $1.2 trillion in the black. But instead of raising wages for workers or lowering prices for consumers, modern companies direct more of their gains to shareholders.

The amassing of unfettered wealth of individuals and corporations should stop. The inheritance of rich people's wealth by their children should stop. The expropriators should have their wealth expropriated and redistributed.

The success of Wipro has made me a wealthy person.

Ford's federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits.

Of the world's 175 largest nation-states and private firms, 112 are corporations.

In short, it's a great economy if you're a high-level corporate executive or someone who owns a lot of stock. For most other Americans, economic growth is a spectator sport.

The biggest companies in the world right now are made up of trillions of dollars of digital assets that really, in my opinion, should belong to us as individuals.

As far as I have heard or observed, the principal object is, not that mankind may be well and honestly clad, but, unquestionably, that corporations may be enriched.

We live in the richest country in the world. There's plenty and to spare for no man, woman, or child to be in want. And in addition to this our country was founded on what should have been a great, true principle—the freedom, equality, and rights of each individual. Huh! And what has come of that start? There are corporations worth billions of dollars—and hundreds of thousands of people who don't get to eat.

I don't have money. Monsanto has money.

CORPORATION, n. An ingenious device for securing individual profit without individual responsibility.

Corporations barely pay taxes. The corporate tax rate is already very low, but corporations have worked out an array of complicated techniques so they often don't have to pay taxes at all... The scale of sheer robbery by corporate power is enormous.

We give more economic aid to multinational corporations to increase their profits than we do to all the countries in the world combined.