Word: nader
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...affected its external relationships--don't pollute, don't price-fix, don't advertise deceptively. The Corporate Democracy Act would seek instead to reform the internal governance structure so that, consistent with a market economy, companies would exercise their great discretion in more democratic, hence responsible, ways." Ralph Nader...
...these skeptics about the corporation, who do they think created the unparalled affluence enjoyed by the American people? Ralph Nader? The obvious answer is that the big American corporation has made a vital contribution to this achievement." Herbert Stein former chairman, Council of Economic Advisers...
Consumer advocate Ralph Nader is the moving force behind the most recent attempt to inject accountability and democracy into the corporate decision-making process. Backed by a coalition of consumer-interest and labor groups, Nader is using today's Big Business Day events to call attention to the proposed "Corporate Democracy Act of 1980." Nader advocates federal chartering of corporations because state chartering encourages attempts to woo business by relaxing corporate regulations. Deleware, for example, boasts the nation's most lenient business codes and incorporates about half of the Fortune 500 businesses. Madison's reservations about state regulation were probably...
Among the most well publicized criticism of testing is a report from a Ralph Nader study group which criticized ETS for not being open enough to public scrutiny and universities and other institutions for placing too much emphasis on tests in admissions and selection. "Tests have very little to do with one's ability to succeed," Tim Massade, a member of the study groups, says. "They merely measure how well one does on a multiple choice test," he adds...
Much of the criticism of ETS is not without statistical base. For example, ETS studies have shown a direct correlation between a person's family income and his SAT scores. As average family income increases, test scores rise proportionately. Many such as Alan Nairn, head of the Nader study group, claim this is direct evidence of an economic bias in the tests. The Nairn-Nader study says ETS statistics show SATs are not a very accurate predictor of a student's first year grades. "Ninety per cent of the time, tests predict a student's first year grades no more...