Word: barone
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Dates: during 2000-2009
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Cynics will claim that Anna Murdoch's first novel, which bears the dedication "For K.R.M.," was helped into print by the name hiding behind those initials. The fledgling author's husband happens to be Keith Rupert Murdoch, the Australian-born press baron whose empire now includes a movie studio and may soon ex tend to a string of independent TV stations in the U.S. But the cynics in this case will be wrong. In Her Own Image would have found a willing publisher if it had been written by someone without an influential spouse to her name. It has most...
...refer to her as "Princess Pushy." And in the British press last week the 6-ft.-tall Princess Michael of Kent, wife of the Queen's first cousin, was at the center of controversy because of the discovery by the tabloid Daily Mirror that the princess's late father, Baron Günther von Reibnitz, was both a Nazi and a major in Hitler's notorious SS. The princess, who was born in what is now Czechoslovakia and who was brought up by her mother in Australia, insisted last week that she had known almost nothing about her father's Nazi...
...actions. Today, he would fit in comfortably with an overwhelming majority of business students and teachers whose role models are celebrated captains of piracy. Since the 1980s, as neo-conservatives have captured the Republican Party, America’s business education has also increasingly become contaminated by the robber baron culture of the pre-Great Depression...
Meanwhile, American economics study has increasingly become a pseudoscience of mathematical formula manipulation that is devoid of humanity. This economics has conquered America’s business education and become fused with the robber baron culture of greed supremacy. American MBAs are taught to treat ordinary employees as disposable costs and to swallow uncritically the gospel that corporations exist only to reward abstract stockholders. MBAs are taught the pretend-science of manipulating accounting, finance, employees, customers, and stock prices. Financial games and hostile takeovers of competitors are taught to accomplish corporations’ sole objective—to make money...
...justify the robber baron culture, America’s business educators and economists falsely cite their demigod of laissez-faire market economics, Adam Smith. Little do they know that Adam Smith in fact scathingly castigated Bush’s type of government: business collusion and unfair taxes, Wal-Mart’s exploitations of labor and communities, and robber barons’ hubris. Nowhere in his 900-page book, The Wealth of Nations, does Smith even imply that those who knowingly harm others and society in their pursuit of personal greed also benefit their society. He rejects the notion that...