Milton Friedman - regular staff benefit from competition (in their own industry to keep wages high, and elsewhere to keep products cheaper/higher quality); owners are important because you made an agreement with them when you took their money; executives exist, but are not particularly valuable.
Yes! Tl;dr:
Jack Welch - executives are valuable.
Milton Friedman - regular staff benefit from competition (in their own industry to keep wages high, and elsewhere to keep products cheaper/higher quality); owners are important because you made an agreement with them when you took their money; executives exist, but are not particularly valuable.