To whom is an international corporation answerable? Often they do not employ workers. They outsource manufacturing to places far away. If wages rise in one place, they can, almost instantly, transfer production to somewhere else. If a tax regime in one country becomes burdensome, they can relocate to another. To whom, then, are they accountable? By whom are they controllable? For whom are they responsible? To which group of people other than shareholders do they owe loyalty? The extreme mobility, not only of capital but also of manufacturing and servicing, is in danger of creating institutions that have power without responsibility, as well as a social class, the global elite, that has no organic connection with any group except itself. Jonathan Sacks
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More Quotes By Jonathan Sacks
  1. The test of faith is whether I can make space for difference. Can I recognize God's image in someone who is not in my image, who language, faith, ideal, are different from mine? If I cannot, then I have made God in my image instead...

  2. We know — it has been measured in many experiments — that children with strong impulse control grow to be better adjusted, more dependable, achieve higher grades in school and college and have more success in their careers than others. Success depends on the ability...

  3. When my late father died – now I'm in mourning for my late mother – that sense of grief and bereavement suddenly taught me that so many things that I thought were important, externals, etc., all of that is irrelevant. You lose a parent, you...

  4. Nowadays… deals are transactional rather than personal. Instead of placing your faith in a person, you get lawyers to write safeguards into the contract. This is an historic shift from a trust economy to a risk economy. But trust is not a dispensable luxury. <span...

  5. We should challenge the relativism that tells us there is no right or wrong, when every instinct of our mind knows it is not so, and is a mere excuse to allow us to indulge in what we believe we can get away with. A...

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