It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined.

The market system requires that people be committed and willing to work hard. Inherent with that is what I call a merit system, which I think gives people the greatest opportunity... view

By: Lee R. Raymond

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I have a great deal of difficulty with those who live in a hugely prosperous country telling people in the developing world that they should be deprived of a critical source of energy... view

By: Lee R. Raymond

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There is hardly an activity that a person can think about that does not intrinsically involve energy, most of which is currently provided by fossil fuels... view

By: Lee R. Raymond

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In every aspect of life, including the economic dimension, we are always challenged to do the right thing. In many cases in the market system, which allows a great deal of latitude for human choice, people can get carried away to excess... view

By: Lee R. Raymond

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The freedoms that people have that flow from all civic institutions fundamentally come from the success of a market system... view

By: Lee R. Raymond

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There is no system that is inherently moral if the participants themselves are not... view

By: Lee R. Raymond

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He or she must be successful in economic terms, but always within an ethical framework. Whether his or her constituency is a corporation and its shareholders or the customers in a small and privately held business, his or her first responsibility is to serve that constituency... view

By: Lee R. Raymond

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The main professional responsibility of a person in business is business... view

By: Lee R. Raymond

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It is the potential for economic growth that provides the basis for the development of countries, for bringing to people essential goods and services, such as water to drink and facilities for healthcare... view

By: Lee R. Raymond

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Ethical conduct is something that becomes inherent in an organization over a long period of time... view

By: Lee R. Raymond

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We obviously want to produce things that people want. We are going to continue to do that in an environmentally responsible way, while still being aware of the physical, scientific, and practical issues that we have to deal with... view

By: Lee R. Raymond

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