Tyranny of the Bottom Line: Why Corporations Make Good People Do Bad ThingsTyranny of the Bottom Line tells the story of corporate power gone awry: permanent layoffs affecting millions of Americans while CEO salaries go through the roof; toxic waste poisoning the land, water, and air; unhealthy and dangerous products on the market; injury and death on the job; white-collar hustles in the S&Ls and on Wall Street that ultimately cost us all. Ralph Estes shows how the corporate system has gone astray. Employees, at all levels of the organization, are held hostage to the tyranny of the bottom line. Massive layoffs can shatter careers and devastate lives, while those still employed live in constant fear. Managers, so often maligned, are also victims of a system that seems to require them to subordinate personal morality to an impersonal corporate culture. Packed with countless examples that dramatically support his case, Estes traces the history of the corporation and shows how the original purpose has been systematically perverted through an unbalanced focus on profit-and-loss. He then presents, in a simple and accessible style, proposals to bring about full and fair accountability to stakeholders. |
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abuse actions advertising agencies Air Midwest American annual asbestos benefits bottom line Business Week cancer charter chemicals communities consumers Corporate Accountability Corporate America Corporate Crime corporate managers Corporate Report Corporate Social corporation's customers Dalkon Shield damage decisions Defense directors disclosure Dodge City dollars Dollars & Sense economic effects employees enterprise estimated executives fair federal fraud funds harm Ibid industry investment investors John Kenneth Galbraith labor large corporations layoff Love Canal ment million Mokhiber Motors Multinational Monitor pension percent performance plant closings porate president profit public interest public purpose regulation responsible risk safety scorecard scorekeeping system social costs society stakeholders Statistical Abstract stockholders suppliers taxpayers Tijuana tion toxic tyranny Union Carbide Wall Street Washington Post waste Wichita Eagle Wichita Eagle-Beacon workers workplace York