The major criticism of wealth maximization objective

In their widely cited book The Value Imperative—Managing for Superior Shareholder Returns, McTaggart, Kontes, and Mankins write, Maximizing shareholder value is not an abstract, shortsighted, impractical, or even, some might think, sinister objective.

The major criticism of wealth maximization objective

These people are very real and extremely dangerous. They operate in the shadows, safely out of the light of public scrutiny. They manage by proxy, using cut-outs to do their bidding, never allowing themselves to get their hands dirty. Politicians are used and discarded, giving the illusion that they are the ones in control.

The controllers' identities are hidden through a corporate shell game of holding companies and secret banking tax havens, in places like the Cayman Islands and Luxemburg. A thirst for publicity and a lust for the spotlight are liabilities if you want to excel in this endeavor.

Better to rule from the shadows where your identity and intentions are unknown. The people running the show are mostly driven, professional, sociopaths with no discernible traces of compassion.

Some of our best-known leaders and public figures are actually psychopaths, and what makes a psychopath most effective is their overall lack of empathy. They simply do not have the ability to imagine or feel someone else's pain, and this frees them up to cross boundaries that the rest of us would never dream of crossing.

They can operate without limits, giving them an advantage over everyone else. They are professional liars and damn proud of it.

You do not make it to the top of the food chain by being nice, honest and fair; you get there by force, deception, and influence. You get there through violence, if necessary. You get there through blackmail and extortion.

It takes planning and funding, patience and practice, and a mastery of how to use fear to control other people. Those running the world are playing a much different game than the rest of us, and the way they see it, there are no rules. Or at least the rules do not apply to them.

Their plan is to change society in every country in a way that provides them a reason to impose a world government. The creation of a world central bank and an electronic world currency, in conjunction with the elimination of cash, would allow them complete control to dictate financial policy around the globe.

Their policies would be enforced by their world army, and a micro-chipped population would live in fear of having their electronic currency deleted if they ever crossed the world government.

The major criticism of wealth maximization objective

Money is in their hands to destroy or create. Their aim is the ultimate control over future life on this planet, a supremacy earlier dictators and despots only ever dreamt of. William Engdahl "During the past two centuries when the peoples of the world were gradually winning their political freedom from the dynastic monarchies, the major banking families of Europe and America were actually reversing the trend by setting up new dynasties of political control through the formation of international financial combines.

These banking dynasties had learned that all governments must have sources of revenue from which to borrow in times of emergency.

Key Differences Between Profit Maximization and Wealth Maximization

They had also learned that by providing such funds from their own private resources, they could make both kings and democratic leaders tremendously subservient to their will.Financial Management Assignment Help, Criticism of wealth maximization, Q.

Criticism of Wealth Maximization? i) The objective of wealth maximization is not, necessarily, socially desirable. ii) There is some controversy whether the objective of maximization of wealth is of the firm or Stockholders. Published: Tue, 06 Jun Miles and Munilla () describe the motives for participating in CSR by using Van Marrewijk’s () CSR Framework and Carroll’s () Pyramid of Corporate Social Responsibility, which can be observed in table 1.

abstract. Amazon is the titan of twenty-first century commerce. In addition to being a retailer, it is now a marketing platform, a delivery and logistics network, a payment service, a credit lender, an auction house, a major book publisher, a producer of television and films, a fashion designer, a hardware manufacturer, and a leading host of cloud server space.

HOW THE WORLD REALLY WORKS GLOBAL OLIGARCHY "There is a shadowy group of Plutocrats running multinational corporations, controlling the media narrative, manipulating the money supply, influencing governments, generating chaos, and provoking wars in order to further their agendas.

The major criticism of wealth maximization objective

Evangelii Gaudium, Apostolic Exhortation of Pope Francis, 1. The joy of the gospel fills the hearts and lives of all who encounter Jesus. Those who accept his offer of salvation are set free from sin, sorrow, inner emptiness and loneliness.

Profit maximization objective is a little vague in terms of returns achieved by a firm in different time period. The time value of money is often ignored when measuring profit.

It leads to uncertainty of returns.

Advantages & Disadvantages of Profit Maximization | leslutinsduphoenix.com