Corporations would have you believe they care about America. Scott Galloway says that it is one of the most significant corporate lies. It’s about the shareholder only.
Prof. Scott Galloway exposes corporate lies. They never cared about Americans.
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Summary
Professor Scott Galloway’s on‑air interview dismantles the façade of “stakeholder capitalism,” arguing that America’s largest corporations are civic‑minded while relentlessly maximizing shareholder profit and courting tariff exemptions from an authoritarian White House. He illustrates how silence in boardrooms translates into complicity with corrupt, pay‑to‑play policies that smother small and mid‑size firms—the true engines of U.S. job growth.
- Galloway calls corporate talk about citizenship, DEI, and “stakeholder value” blatant public‑relations theater.
- He reveals that Fortune‑500 CEOs privately curry favor with President Trump—buying inauguration access and inflating investment pledges—to secure tariff waivers.
- The administration’s selective exemptions convert policy into a kleptocracy, leaving small businesses to absorb punitive import costs.
- Corporate cowardice stems from a fiduciary duty to shareholders, reinforcing Milton Friedman’s doctrine that profit eclipses all other values.
- Galloway insists the leadership vacuum among elite executives opens an enormous consumer opportunity for any brand bold enough to champion authentic democratic and inclusive ideals.
Galloway’s critique validates what labor activists and antitrust reformers have long argued—the shareholder‑primacy model funnels wealth upward, erodes democracy, and sacrifices working families for C‑suite gains. It is time to rewrite corporate charters, empower unions, and tax excess profits so the economy serves people, not plutocrats.
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