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Today, multinational business is under attack by socialist and other critics on a wide spectrum of issues. New charges that multinational firms corru… - Neil H. Jacoby
" "Today, multinational business is under attack by socialist and other critics on a wide spectrum of issues. New charges that multinational firms corrupt the officials of foreign governments have been added to the litany of criticism Many governments, especially those of the Third World, have taken or threaten to take punitive and restrictive actions against foreign companies. Such measures would impede international investment, slow down economic progress, and damage the economic welfare of all countries concerned.
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About Neil H. Jacoby
Neil Herman Jacoby(September 19, 1909 – May 31, 1979) was a university professor and public servant and was widely recognized as an expert on matters of taxation, finance, economic policy, and business-government relationships.
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Neil Herman Jacoby
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N. H. Jacoby
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Additional quotes by Neil H. Jacoby
Because contributions for charitable and educational purposes were the earliest form of corporate social action, their pattern enables us to test the validity of our theory. Corporate giving was stimulated by federal legislation in 1935 authorizing companies to deduct from taxable income up to 5 percent on account of such gifts.
Even the population of business enterprises does not provide a comprehensive measure of ‘entrepreneurship’ in the United States because it excludes farmers, professionals, and other persons devoting at least part-time to selling their services in markets and who have neither an established place of business nor employees. A conservative estimate of the ‘entrepreneurial’ population is given by the number of individual income tax returns filed reporting income from self-employment. An estimated 11.1 million persons did so for 1968, one for each 18 persons in the United States.
Although the Marxist antithesis to the capitalist thesis has been vigorously advanced for more than a century, it has never gained significant support in the United States. Marxist voices have, during recent years, been drowned out by the complaints of the Reformers, on the one hand, and of the Utopian critics, on the other.
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