Thursday, March 29, 2012
From Corporate Watchdogs to Corporate Reformers
Government reforms would go a long way toward slowing our decline and even reversing it eventually. Government reform could take away the enormous favors it bestows on corporate America, favors sometimes so large that they keep otherwise drowning corporations afloat. But government is intransigent and will continue to be corruptible at the hands of corporate America. More attention therefore needs to be turned toward corporate reform.
Furthermore, while corporate America may be too obtuse or complacent to realize it, their own reform may be good for them in the long run. As an organizational psychologist for nearly half a century I know how inefficient the corporate organizational structure is and how poorly corporations are run. Most of them would probably have a very tough going if they lost government handouts and hands-off corporate wrongdoing. A corporation that was properly organized and well run with the proper standards of performance and self accountability ought to be able to make up for its ill begotten profits.
Posted by Michele Kearney at 12:28 PM