“[Corporations must manifest in this area a conscience, or be required to] accept direction from the conscience of the government. This conscience must be built into institutions so that it can be invoked as a right by the individuals and interests subject to the corporate power… For twentieth-century capitalism will justify itself not only by its out-turn product, but by its content of life values.”

Source: The 20th century capitalist revolution. 1954, p. 113-114; as cited in Prashker (1954)

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Adolf A. Berle 14
American diplomat 1895–1971

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