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Profs Ralph Gomory and Richard Sylla on the obligations of American corporations

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Excerpt from Tucson Sentinel -- "'The idea that a corporation exists solely to make money is actually quite new,' explained Ralph Gomory, a professor of management at New York University...'Even in the early ’80s, you would be more likely to hear a CEO talking about his responsibilities to the country or to his employees than his duty to the shareholders.'”

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