Corporate America
From Wikipedia, the free encyclopedia
Corporate America is an informal phrase describing the for-profit world of corporations within the United States not under government ownership. Its negative connotations imply financial or ideological self-interest, greed, competition, individualism, resistance to entitlements and the irresponsible promotion of counter-socialist self-interest at the expense of government and competitors. Its positive connotations imply a liberal and productive capitalist free-market society that creates wealth, directly and indirectly lifts the people's standard of living, rewards individual ability, and provides a ladder to financial success.
While "Corporate America" is commonly used interchangeably with the phrase "Wall Street", it is also sometimes used in contrast, as when distinguishing the interests, culture, and lifestyles of major Fortune 500 industrial or service corporations from those of investment banks. In this contrast, Corporate America is usually cast as more secure, less cut-throat, but also less remunerative to the employee.
[edit] References
This article does not cite any references or sources. (June 2007) Please help improve this article by adding citations to reliable sources. Unverifiable material may be challenged and removed. |