For a hot-shot CEO taking over a troubled company, mass firings are the ultimate quick fix, the accounting equivalent of crack: cheap, easy to score, instantly gratifying, and highly addictive.
Arianna HuffingtonIt's important to remember that the future of quality journalism is not dependent on the future of newspapers. The discussion needs to move from "How do we save newspapers?" to "How do we save and strengthen journalism?" - however it is delivered.
Arianna HuffingtonMarket forces have no intrinsically moral direction, which is why, before he wrote The Wealth of Nations, Adam Smith wrote The Theory of Moral Sentiments. Ethics should precede economics. But it doesn't have to. . . . We know this because we've seen the results of capitalism without conscience: the pollution of the air we breathe, the water we drink, and the food we eat; the endangerment of workers; and the sale of dangerous products - from cars to toys to drugs. All in pursuit of ever-greater profits.
Arianna Huffington