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Absence Quote by William Greider

“The great multinationals are unwilling to face the moral and economic contradictions of their own behavior - producing in low-wage dictatorships and selling to high-wage democracies. Indeed, the striking quality about global enterprises is how easily free-market capitalism puts aside its supposed…” quote by William Greider
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“The great multinationals are unwilling to face the moral and economic contradictions of their own behavior - producing in low-wage dictatorships and selling to high-wage democracies. Indeed, the striking quality about global enterprises is how easily free-market capitalism puts aside its supposed values in order to do business. The conditions of human freedom do not matter to them so long as the market demand is robust. The absence of freedom, if anything, lends order and efficiency to their operations.”

William Greider

About This Quote

Source Book: The New Deal and the Great Depression, 2002

Corporations exploit labor disparities, prioritizing profit over ethical concerns, ignoring human freedom.

In simple terms: Businesses often ignore moral costs for profit.

Key Takeaway

Demand ethical accountability.

Themes

economics ethics globalization labor rights

Mood

critical concerned

Type

analytical persuasive

When to use this quote

  • consumer choices
  • investor activism
  • policy reform

Key Concepts

capitalism power imbalance

Questions to Reflect On

  • Can profit and ethics coexist?
  • What policies could enforce fair labor?
A Different Perspective

Profit motives can align with ethical practices.

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