Measuring Success: Profit and Propaganda

TY - CHAP

T1 - Measuring Success

T2 - Profit and Propaganda

AU - Collison, David J.

N1 - Publisher Copyright: © 2004 by Rowman & Littlefield Publishers, Inc. All rights reserved.

PY - 2024/1/1

Y1 - 2024/1/1

N2 - This chapter explores the use made of propaganda to further corporate interests at the expense of other sectors of society and of whole cultures. It focuses on the Anglo-Saxon economies, particularly the United States, but the consequences go much further and have the power to destabilize cultures and destroy social cohesion across the globe. Some of these effects underlie issues addressed elsewhere in this book. How "to construct a just society and just capitalism has been given extra urgency by the emergence of international terrorism" (Hutton 2002). Key features of Anglo-Saxon capitalism are maximization of shareholder wealth and opposition to government regulation. Nobel laureate Milton Friedman famously maintained that business meets its social responsibilities by maximizing profits (Friedman 1962-1982), but he and his right-wing adherents do not want the quid pro quo of effective government control to ensure a just and equitable society. As we shall see, he even invokes with some circularity his popular will to support his position: "Public opinion has continued to go against government. People are as suspicious as ever of government- big or small" (quoted in London 2003).

AB - This chapter explores the use made of propaganda to further corporate interests at the expense of other sectors of society and of whole cultures. It focuses on the Anglo-Saxon economies, particularly the United States, but the consequences go much further and have the power to destabilize cultures and destroy social cohesion across the globe. Some of these effects underlie issues addressed elsewhere in this book. How "to construct a just society and just capitalism has been given extra urgency by the emergence of international terrorism" (Hutton 2002). Key features of Anglo-Saxon capitalism are maximization of shareholder wealth and opposition to government regulation. Nobel laureate Milton Friedman famously maintained that business meets its social responsibilities by maximizing profits (Friedman 1962-1982), but he and his right-wing adherents do not want the quid pro quo of effective government control to ensure a just and equitable society. As we shall see, he even invokes with some circularity his popular will to support his position: "Public opinion has continued to go against government. People are as suspicious as ever of government- big or small" (quoted in London 2003).

UR - https://www.scopus.com/pages/publications/105018993332

M3 - Chapter

SN - 9780742535633

SP - 33

EP - 46

BT - War, Media, and Propaganda

A2 - Kamipour, Yahya R

A2 - Snow, Nancy

PB - Bloomsbury Publishing Plc.

ER -