An explanation of why corporations now act as they do. They do not act for the benefit of the country in which they reside. Nor do they act for the benefit of the corporation. They are driven for what benefits the personal portfolio of the CEO.
That is, the top tier of ownership and control is vested in individuals who act in their self interest and in accordance with their intellectual perspective—usually related. �General Electric, for instance, may benefit as a corporate entity from lower health care costs, but those who own and run it are not tied to that firm, or its current facilities, markets or organizational hierarchies, for life. �At the highest levels, individuals see their economic interest as that of maximizing the value of their personal portfolios.
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