The Coming Age of Corporate Paternalism
In HBR and elsewhere, a number of authors have wrung their hands about the public legitimacy of business. To steal from Churchill's definition of democracy, business has become the least popular American institution, except for all the others.
We can best see where influence really lies with President Obama's new council on jobs and competitiveness. Its responsibility is the public imperative of our time, to promote employment in the aftermath of the Great Recession. How does this Democratic president expect the council to do this? By "investing in American businesses to encourage hiring, to educate and train our workers to compete globally."
[ :LINK: The Coming Age of Corporate Paternalism ]