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Make Corporations Serve the Public Interest
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YES! Magazine - Economy
Government is a public entity bound to serve the public interest.
It seems logical that any entity created by government is properly considered a public entity accountable for serving a public purpose, obeying the law — and obliged as a public entity to stay out of electoral politics.
The lack of corporate accountability is amplified when a corporation sheds its allegiance to any place, person, or public interest.
The lack of corporate accountability is amplified when a corporation sheds its allegiance to any place, person, or public interest.
Similarly, referring to any corporation that sells its share in a public exchange as a “public” corporation implies it has a public purpose even though we may recognize on reflection that it is purely profit-driven.
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