--- title: "Meaning & Key Takeaway of: All the mega corporations on the planet…" description: "\"“All the mega corporations on the planet make their obscene profits off the labor and suffering of others, with complete disregard for the effects on t..." image: "https://sms4smile.com/quotes/i/e4a/michael-hureaux-perez-120810_banks_all-the-mega-corporations-on-the-planet_467740.jpg" --- # All the mega corporations on the planet make their obscene… ![“All the mega corporations on the planet make their obscene profits off the labor and suffering of others, with complete disregard for the effects on the workers, environment, and future generations. As with the banking sector, they play games with the lives of millions, hysterically reject any…” quote by Michael Hureaux-Perez](https://sms4smile.com/quotes/i/e4a/michael-hureaux-perez-120810_banks_all-the-mega-corporations-on-the-planet_467740.jpg) [Download](https://sms4smile.com/quotes/i/e4a/michael-hureaux-perez-120810_banks_all-the-mega-corporations-on-the-planet_467740.jpg) [Open image](https://sms4smile.com/quotes/i/e4a/michael-hureaux-perez-120810_banks_all-the-mega-corporations-on-the-planet_467740.jpg) > ““All the mega corporations on the planet make their obscene profits off the labor and suffering of others, with complete disregard for the effects on the workers, environment, and future generations. As with the banking sector, they play games with the lives of millions, hysterically reject any kind of government intervention when the profits are rolling in, but are quick to pass the bill for the cleanup and the far-reaching consequences of these avoidable tragedies to the public when things go wrong. We have a straightforward proposal: if they want public money, we want public control. It's that simple.”” Michael Hureaux-Perez ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Mega‑corporations profit from exploitation; they oppose regulation yet demand public funds for clean‑up; public control is essential. **In simple terms:** Corporations exploit and resist regulation; public control needed. Key Takeaway Demand public oversight of corporations. Themes corporate exploitation public control environmental impact economic policy regulation Mood critical activist Type Banks:0 Capitalism:1 Corporations:1 Economic-interventionism:0 Environment:1 Exploitation:1 Government intervention:1 Labour:0 Money:0 Nationalisation:0 Profit:1 Public money:1 Public sector:1 Subprime-mortgage-crisis:0 Suffering:1 Workers:1 Mega Corporations:1 Corporations Planet:0 Obscene Profits:1 When to use this quote - activism - policy reform - investment decisions - public discourse Key Concepts Political economy environmental ethics public finance Questions to Reflect On - What mechanisms ensure corporate accountability? - How can citizens influence corporate behavior? A Different Perspective Public control may be politically challenging. ★ ★ ★ ★ ★ No ratings yet [Banks](https://sms4smile.com/quotes/about/banks/) [Capitalism](https://sms4smile.com/quotes/about/capitalism/) [Corporations](https://sms4smile.com/quotes/about/corporations/) [Environment](https://sms4smile.com/quotes/about/environment/) [Exploitation](https://sms4smile.com/quotes/about/exploitation/) [Government intervention](https://sms4smile.com/quotes/about/government-intervention/) [Labour](https://sms4smile.com/quotes/about/labour/) [Money](https://sms4smile.com/quotes/about/money/) [Profit](https://sms4smile.com/quotes/about/profit/) [Public money](https://sms4smile.com/quotes/about/public-money/) [Public sector](https://sms4smile.com/quotes/about/public-sector/) [Suffering](https://sms4smile.com/quotes/about/suffering/) [Workers](https://sms4smile.com/quotes/about/workers/) ## Related quotes > [All the mega corporations on the planet make their obscene profits off the labor and suffering of others, with complete disregard for the effects…](https://sms4smile.com/quotes/derrick-jensen/all-the-mega-corporations-on-the-planet-make-their-obscene-profits-2/) [Derrick Jensen](https://sms4smile.com/quotes/author/derrick-jensen/) > [“It is not in the power of governments to increase the supply of one commodity without a corresponding restriction in the supply of other…](https://sms4smile.com/quotes/ludwig-von-mises/it-is-not-in-the-power-of-governments-to-increase-the-supply-of-one/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [“People aren't pissed just to be pissed. They're mad because a tiny group of crooks on Wall Street built themselves beach houses in the…](https://sms4smile.com/quotes/matt-taibbi/people-aren-t-pissed-just-to-be-pissed-they-re-mad-because-a-tiny/) [Matt Taibbi](https://sms4smile.com/quotes/author/matt-taibbi/) > [“By early 2005 all the big Wall Street investment banks were deep into the subprime game. Bear Stearns, Merrill Lynch, Goldman Sachs, and Morgan…](https://sms4smile.com/quotes/michael-lewis/by-early-2005-all-the-big-wall-street-investment-banks-were-deep-into/) [Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/) > [When you have mega-corporations that have record profits, but they don't want to share even a little bit of that with their workers, we…](https://sms4smile.com/quotes/nina-turner/when-you-have-mega-corporations-that-have-record-profits-but-they-don/) [Nina Turner](https://sms4smile.com/quotes/author/nina-turner/) > [Mega corporations shouldn't be buying up all our farmland.](https://sms4smile.com/quotes/leslyn-lewis/mega-corporations-shouldn-t-be-buying-up-all-our-farmland/) [Leslyn Lewis](https://sms4smile.com/quotes/author/leslyn-lewis/) > [We have an obligation to each other to not only push our politicians, but to push companies to do right by their workers. They…](https://sms4smile.com/quotes/nina-turner/we-have-an-obligation-to-each-other-to-not-only-push-our-politicians/) [Nina Turner](https://sms4smile.com/quotes/author/nina-turner/) > [The fact of the matter is that today, stuff-selling mega-corporations have a huge influence on our daily lives. And because of the competitive nature…](https://sms4smile.com/quotes/david-suzuki/the-fact-of-the-matter-is-that-today-stuff-selling-mega-corporations/) [David Suzuki](https://sms4smile.com/quotes/author/david-suzuki/) > [We belong to a tradition where we treat the entire universe as our family. For me, globalisation is the manifestation of nationalisation. There is…](https://sms4smile.com/quotes/narendra-modi/we-belong-to-a-tradition-where-we-treat-the-entire-universe-as-our/) [Narendra Modi](https://sms4smile.com/quotes/author/narendra-modi/) > [We must stand firm against the Left's nationalisation obsession.](https://sms4smile.com/quotes/priti-patel/we-must-stand-firm-against-the-left-s-nationalisation-obsession/) [Priti Patel](https://sms4smile.com/quotes/author/priti-patel/) > [“So, whenever the subject of Iraq came up, as it did keep on doing through the Clinton years, I had no excuse for not…](https://sms4smile.com/quotes/christopher-hitchens/so-whenever-the-subject-of-iraq-came-up-as-it-did-keep-on-doing/) [Christopher Hitchens](https://sms4smile.com/quotes/author/christopher-hitchens/) > [Nationalisation...does not in itself engender greater equality, more jobs in the regions, higher investment or industrial democracy. The public knows this perfectly well, and…](https://sms4smile.com/quotes/anthony-crosland/nationalisation-does-not-in-itself-engender-greater-equality-more/) [Anthony Crosland](https://sms4smile.com/quotes/author/anthony-crosland/) > [Many of the early nationalisation measures were right. They have remained part of the social fabric. I favour measures of that type.](https://sms4smile.com/quotes/roy-jenkins/many-of-the-early-nationalisation-measures-were-right-they-have/) [Roy Jenkins](https://sms4smile.com/quotes/author/roy-jenkins/) > [In January 1961, the United States severed diplomatic relations in response to Cuban nationalisation of U.S.-owned sugar plantations, banks and businesses.](https://sms4smile.com/quotes/tariq-ali/in-january-1961-the-united-states-severed-diplomatic-relations-in/) [Tariq Ali](https://sms4smile.com/quotes/author/tariq-ali/) > [On the left, nationalisation is pursued for its own sake - as a panacea that will somehow fix train travel all by itself.](https://sms4smile.com/quotes/andrew-adonis-baron-adonis/on-the-left-nationalisation-is-pursued-for-its-own-sake-as-a-panacea/) [Andrew Adonis, Baron Adonis](https://sms4smile.com/quotes/author/andrew-adonis-baron-adonis/) ## More Banks quotes > [What we prefer to do is operate our investment bank in a way that is like what investment banks used to be, which is…](https://sms4smile.com/quotes/warren-stephens/what-we-prefer-to-do-is-operate-our-investment-bank-in-a-way-that-is/) [Warren Stephens](https://sms4smile.com/quotes/author/warren-stephens/) > [We now have power under the Dodd-Frank legislation to break up banks. And I've said I will use that power if they pose a…](https://sms4smile.com/quotes/hillary-clinton/we-now-have-power-under-the-dodd-frank-legislation-to-break-up-banks/) [Hillary Clinton](https://sms4smile.com/quotes/author/hillary-clinton/) > [“Ever notice how the same politicians who claim to be against trickle-down economics have no problem bailing out banks and other politically connected businesses?”](https://sms4smile.com/quotes/colin-m-mcgroarty/ever-notice-how-the-same-politicians-who-claim-to-be-against-trickle/) [Colin M. McGroarty](https://sms4smile.com/quotes/author/colin-m-mcgroarty/) > [My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the…](https://sms4smile.com/quotes/nassim-nicholas-taleb/my-nightmare-scenario-is-that-the-government-saves-citibank-once/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [“The rich run a global system that allows them to accumulate capital and pay the lowest possible price for labour. The freedom that results…](https://sms4smile.com/quotes/charles-moore/the-rich-run-a-global-system-that-allows-them-to-accumulate-capital/) [Charles Moore](https://sms4smile.com/quotes/author/charles-moore/) > [With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans…](https://sms4smile.com/quotes/elizabeth-warren/with-post-offices-and-postal-workers-already-on-the-ground-usps-could/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [Much of what Germany and France have done in the rescue of Greece has also helped German and French banks, who for a long…](https://sms4smile.com/quotes/mario-monti/much-of-what-germany-and-france-have-done-in-the-rescue-of-greece-has/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [The world needs banking but it does not need banks.](https://sms4smile.com/quotes/bill-gates/the-world-needs-banking-but-it-does-not-need-banks/) [Bill Gates](https://sms4smile.com/quotes/author/bill-gates/) > [Banks are the temples of America. This is a holy war. Our economy is our religion.](https://sms4smile.com/quotes/giannina-braschi/banks-are-the-temples-of-america-this-is-a-holy-war-our-economy-is/) [Giannina Braschi](https://sms4smile.com/quotes/author/giannina-braschi/) > [In the old days we were the challenger brand competing against the big banks, but today I go round the world and I sit…](https://sms4smile.com/quotes/lloyd-dorfman/in-the-old-days-we-were-the-challenger-brand-competing-against-the/) [Lloyd Dorfman](https://sms4smile.com/quotes/author/lloyd-dorfman/) > [“The kind of data and the data-analytical perspective privy to banks is quite unique to banks.”](https://sms4smile.com/quotes/hendrith-vanlon-smith-jr-ceo-of-mayflower-plymouth/the-kind-of-data-and-the-data-analytical-perspective-privy-to-banks/) [Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth](https://sms4smile.com/quotes/author/hendrith-vanlon-smith-jr-ceo-of-mayflower-plymouth/) > [My father, Cecil Banks Mullis, and mother, formerly Bernice Alberta Barker, grew up in rural North Carolina in the foothills of the Blue Ridge…](https://sms4smile.com/quotes/kary-mullis/my-father-cecil-banks-mullis-and-mother-formerly-bernice-alberta/) [Kary Mullis](https://sms4smile.com/quotes/author/kary-mullis/) > [If your only arbiter of anything is money, really you should... go and rob banks.](https://sms4smile.com/quotes/bruce-dickinson/if-your-only-arbiter-of-anything-is-money-really-you-should-go-and/) [Bruce Dickinson](https://sms4smile.com/quotes/author/bruce-dickinson/) > [No paper trail means no banks. And no banks means cash houses. -Mia](https://sms4smile.com/quotes/fast-five/no-paper-trail-means-no-banks-and-no-banks-means-cash-houses-mia/) Fast Five > [I did something that challenged the banking world. Conventional banks look for the rich; we look for the absolutely poor. All people are entrepreneurs,…](https://sms4smile.com/quotes/muhammad-yunus/i-did-something-that-challenged-the-banking-world-conventional-banks/) [Muhammad Yunus](https://sms4smile.com/quotes/author/muhammad-yunus/) [Browse all 387 Banks quotes ](https://sms4smile.com/quotes/about/banks/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“All the mega corporations on the planet make their obscene profits off the labor and suffering of others, with complete disregard for the effects on the workers, environment, and future generations. As with the banking sector, they play games with the lives of millions, hysterically reject any kind of government intervention when the profits are rolling in, but are quick to pass the bill for the cleanup and the far-reaching consequences of these avoidable tragedies to the public when things go wrong. We have a straightforward proposal: if they want public money, we want public control. It's that simple.”", "creator": { "@type": "Person", "name": "Michael Hureaux-Perez" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/michael-hureaux-perez/all-the-mega-corporations-on-the-planet-make-their-obscene-profits/", "about": { "@type": "Thing", "name": "Banks" }, "@id": "https://sms4smile.com/quotes/michael-hureaux-perez/all-the-mega-corporations-on-the-planet-make-their-obscene-profits/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/e4a/michael-hureaux-perez-120810_banks_all-the-mega-corporations-on-the-planet_467740.jpg", "contentUrl": "https://sms4smile.com/quotes/i/e4a/michael-hureaux-perez-120810_banks_all-the-mega-corporations-on-the-planet_467740.jpg", "url": "https://sms4smile.com/quotes/i/e4a/michael-hureaux-perez-120810_banks_all-the-mega-corporations-on-the-planet_467740.jpg", "width": 1080, "height": 1080, "caption": "“All the mega corporations on the planet make their obscene profits off the labor and suffering of others…” — Michael Hureaux-Perez", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Michael Hureaux-Perez", "item": "https://sms4smile.com/quotes/author/michael-hureaux-perez/" }, { "@type": "ListItem", "position": 4, "name": "“All the mega corporations on the...", "item": "https://sms4smile.com/quotes/michael-hureaux-perez/all-the-mega-corporations-on-the-planet-make-their-obscene-profits/" } ], "@id": "https://sms4smile.com/quotes/michael-hureaux-perez/all-the-mega-corporations-on-the-planet-make-their-obscene-profits/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```