Without competition, the spectacular development of technology that we have seen in the last one hundred years in this country would not have happened.

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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A free economy is as essential to society as democratic political institutions. A strong market-based economy is the fertile ground for democratic freedoms that we think are important... view

By: Lee R. Raymond

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It is important to remember that all business has an impact on the lives of real people... view

By: Lee R. Raymond

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

By: Lee R. Raymond

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We should seek a system that provides outlets for those skills and talents so that everyone can find a way to work and serve in a manner that best suits the strengths of each individual... view

By: Lee R. Raymond

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In some of the countries where we operate, there is a tradition of corruption, in which the political elites work with business in the framework of unsavory relationships... 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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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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