[L]imiting liability... has also obscured a corporation's responsibility to function for the benefit of society. The greater good is an idea that is … - David Cay Johnston

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[L]imiting liability... has also obscured a corporation's responsibility to function for the benefit of society. The greater good is an idea that is thousands of years old, but in the recent past corporations have been permitted to lose site of that... notion.

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About David Cay Johnston

(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).

Also Known As

Birth Name: David Cay Boyle Johnston
Alternative Names: DC Report
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Additional quotes by David Cay Johnston

Let's go to the student loan industry. ...What is the Trump administration doing? "We're going to address the student loan problem." So brings in... executives from the companies that made the student loans. ...This is building a new hen house designed by the fox!

Corporations are good things. They encourage people to take risk. They're smart vehicles for building wealth, but they also have to be controlled. ...[T]he reason is, they are soulless entities. A corporation has no morals and its purpose is to make money. ...If we have to induce diabetes in millions of children by getting them to drink sugary soft drinks and eat too many french fries and greasy hamburgers, [corporations will] do that.

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