Online Public Relations Thoughts

There is a school of thought that US corporations are using inflation to boost prices and earn more than they historically have. In other words, much of the inflation that Americans are enduring is due to corporate greed.  If true, big business will have its reputation dinged again and progressives will seek to rein them in.  In a capitalist society, profit maximization is an imperative.  Business has no responsibility to pay attention to the needs of citizens other than how it affects their bottom line.  This is the University of Chicago School of thought.  CEOs have been edging away from that philosophy in light of global warming and corporate governance concerns, but it is still in the back of their minds.  They must satisfy investors to keep their jobs.  This sets up a clash between corporate and societal needs.  It is no wonder CEOs are taking the opportunity to earn as much as they can. The future will be a more difficult environment in which to operate.