Sunday 22 September 2013

{Divided loyalties}[2nd May 1972]



[Redbook1:232][19720502:0000]{Divided loyalties}[2nd May 1972]

Tuesday 2nd May.

            One of the disadvantages of the capitalist system, if you like, in which companies are run not by their owners but by paid managers, is that those managers have a divided responsibility:  a duty of conscience, and a ‘contractual’ duty to their employers.  An honourable or honest man may find this dichotomy hard to resolve.

[PostedBlogger22for21092013]

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