海角大神

This article appeared in the December 04, 2017 edition of the Monitor Daily.

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Monitor Daily Intro for December 4, 2017

Mark Sappenfield
Senior global correspondent

It鈥檚 safe to say that, generally, what goes on in board rooms is far more important to America鈥檚 economic well-being than what goes on in the White House. Under the Republican tax plan nearing President Trump鈥檚 desk, that would be even more true.聽

The big question is, What might American business do with all that extra money?

For the past 30 years, corporations have focused primarily on generating wealth for their investors. And they have succeeded. Just look at the stock market.聽But that approach has increasingly left workers behind with stagnant wages, less job security, and fewer benefits. Just look at the message sent by the last election. 鈥淥ver time, [corporations鈥橾 concern for the national interest has been squeezed out by the twin forces of profit maximization and cosmopolitanism,鈥 argues Yishai Schwartz in . 聽

鈥淭he business of business is business,鈥 quipped Milton Friedman pointedly.

Yet those willing to look past the next quarterly statement have repeatedly shown that the goals of business and society are not at odds, but . Corporate America has enormous capacity both to prosper and to improve lives. At its best, the tax cut is an investment in that hope.聽

Now for our five stories today, which look at how views of economic growth are shaping American policy on the environment and taxes, while voters in Honduras are demanding better from their politicians. 聽


This article appeared in the December 04, 2017 edition of the Monitor Daily.

Read 12/04 edition
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