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"What's good for Business is good for America."

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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 02:55 PM
Original message
"What's good for Business is good for America."
Article includes a number of quotations that are compelling in the aggregate.

"What`s good for Business is good for America"
QUOTE
You have probably heard, "What's good for Business is good for America.” Sometimes this statement is attributed to Calvin Coolidge, but it is more often referred to as an “old saying,” an adage or a maxim -- something to be believed without question. Whatever it is called, it is not true. It may have been true at one time, but not any more.
UBQUOTE
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rock Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 03:05 PM
Response to Original message
1. It never was true
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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 03:09 PM
Response to Reply #1
3. Perhaps, but the real harm began when SCOTUS gave corporations rights. eom
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GreenArrow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 03:31 PM
Response to Reply #1
11. true or not
the problem is that the people running this country believe it is true.
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damnraddem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 03:08 PM
Response to Original message
2. What's good for General Bullmoose is good for the USA!
Even a fairly-conservative commic-strip creator didn't fall for this Repukelican nonsense.
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 03:19 PM
Response to Reply #2
5. Exactly what I was thinking of.


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ret5hd Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 03:09 PM
Response to Original message
4. what is true, though, is...
what is best for the working man is good for business.

notice the converse isn't true.

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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 03:20 PM
Response to Reply #4
6. Right and corporations are created under the sovereign power of the People
:shrug:
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 03:21 PM
Response to Original message
7. But business doesn't seem to know what's good for business.
Healthy, educated workers are good for business.

Healthy forests with old and new growth are good for business.

Clean air and water are good for business.

Safe, trustworthy supplies of food and medicine are good for business.

Trustworthy machines and vehicles are good for business.

But "business" has sought to gut every bit of protection legislated over decades, one horrific catastrophe at a time.

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Az Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 03:26 PM
Response to Original message
8. The original is about General Motors
The CEO of GM stated "Whats good for General Motors is good for America".

During a time where the peopel still had the upper hand and corporations had not yet learned how to controll the media entirely this may have had some merrit (not much). But these days the agenda of corporations and people differ wildy. It is not good for America to ship all the jobs over seas. It is good for corporations. It is not good for Americans to be fattened on addicting substances that erode our health at lower costs to corporations. It is not good for Americans to continue to support the oil industry. It is not good for Americans to allow our intellectual property be held ransom by corporations. It is not good for Americans for our health to be the basis of corporate profits.

We have new feudal lords rising in the world and if we do not vote them back to the dark ages we will have to fight them in the future.
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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 03:28 PM
Response to Original message
9. Two Chairmen of General Motors
Edited on Mon Aug-25-03 03:40 PM by ribofunk
(Charlie Wilson and Alfred P Sloan) are credited with saying that what is good for America is good for General Motors and vice versa. I don't think it's a particularly good quote to support job retention or other modern issues. GM was the largest employer (unionized) at that time and jobs were not being exported yet. However arrogant, executives in the 50's were more likely to be focused on the economy doing well. Wish it were true today.

Today business policy is all "I I Me Me Mine". Not only is it disgusting, but it is very bad for the economy in the long run.

The version of the quote on the linked site may be from another occasion, or it may be conflated with Calin Coolidge's statement that "the business of America is business."
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Az Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 03:30 PM
Response to Reply #9
10. Here is a source
Detroit Almanac: That GM quote

October 2, 2000
What's good for General Motors is good for the U.S.A.

Actually that's NOT what Engine Charlie Wilson, GM president from 1941-1953, said. Wilson left GM to accept President Dwight D. Eisenhower's appointment as secretary of defense. At his Senate confirmation hearing, Wilson said: "For years, I thought what was good for our country was good for General Motors -- and vice versa."

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