On July 21, 2011, Wake Forest University Schools of Business Distinguished Professor of Practice John Allison address the Master of Arts in Management Class of 2012. The retired chairman and CEO of BB&T discussed Principled Leadership with the incoming class of business students.
I wish that people who make millions or billions of dollars, such as Bill Gates, would stop denigrating and seeking to undermine the very system that enabled them to be successful in the first place: capitalism.
Don Watkins, co-author of the national bestseller “Free Market Revolution,” argues that businessmen do not have an obligation to “give something back.”
If Zuckerberg truly wants to eliminate poverty and find cures for diseases, most of his money should be invested in profit-seeking businesses.
The beauty of the Uber model is that it actually makes free trade between Uber’s drivers and their customers possible, without the intrusion of the regulatory state.
In cheating customers and others, VW was not acting selfishly but self-destructively.
Can the government simply loan failing businesses money and “save jobs?”
The actual “wage thieves” are the politicians and others who impose minimum wage laws and other directives on the private sector. By impairing and ultimately destroying economic growth, politicians like Hillary Clinton are the ultimate wage thieves.
A quality decision is one that leads to achievement of values.
It does not matter how rich Apple is, or becomes. In the end, the government can do whatever it wants, at least so long as it keeps pushing the limits outside of its Constitutional boundaries, while our courts and citizens do absolutely nothing.
The “stakeholder” approach is based on the mistaken premise that everyone that makes a claim on a business must be—or deserves to be—treated equally, and that the business must appease every critic.
Tyranny—the cruel and oppressive treatment of others by those in positions of power—is not possible under capitalism.
There is absolutely no moral reason to boycott the company.
FedEx turned out to be much better than the U.S. Postal Service, teens ignore Hollywood and become rich and famous on YouTube, people skip hotels and find rooms via Airbnb and so on. Who knows what discoveries await if we don’t let tired old rules get in the way?