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Business and Society

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There was a time in United States history, particularly during the late 1800s, when business owners' view of society was summed up in the immortal words of William Henry Vanderbilt, who said, "the public be damned." Vanderbilt, the president of the New York Central Railroad at the time, allegedly made the statement to reporters in an 8 October 1882 interview. Afterwards, he denied he said it, but the fact is that, until recently, business owners and society were two completely different entities, with little interest in one another's activities—as long as businesses made money and provided jobs for people.

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Copyright © 2011 Advameg, Inc.