The Seduction of the Not-Profit Economy
Over the last several decades a major shift has occurred in how many U.S. elites ā pundits, advocates, policy makers, and others ā think and talk about corporations. For much of the 20th century most elites viewed corporations as an institutional tool by which America could best achieve its most important economic goals: innovation and increasing living standards. To be sure, there would always the occasional Enron or Tyco scofflaw, but these were seen as the exception, to be prosecuted and shunned.