What has happened over the last several years is that management - TopicsExpress

What has happened over the last several years is that management has attempted to say My only duty is to my shareholders. Well, actually, the taxpayer gave you a great deal. You couldnt be shipping those goods if it werent for the roads were providing. You couldnt be collecting your debts if it wasnt for the legal system were providing [or you could, but it would look much uglier]. You couldnt be communicating if it werent for the infrastructure we, as taxpayers, built for you. And you wouldnt have a workforce if we hadnt educated people [service industry workers and a few high-paying jobs requiring advanced degrees here and there]. So, no, you do not owe everything to the shareholder. You owe something to the society at large. ...were seeing governments empowering [socially responsible investing] by mandating certain kinds of disclosures, stock exchanges empowering it by mandating certain kinds of disclosures...

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