"American corporations hate to give away money"
About this Quote
Ambrose, a popular historian of American ambition and its institutions, is speaking from inside the national mythos: a country that celebrates private enterprise as civic engine, then acts surprised when that engine doesn’t run on altruism. The subtext is about incentives and narratives. When corporations “give away” money, it’s often branded as philanthropy, sponsorship, “community partnership.” Ambrose’s phrasing yanks off the label and frames it as what it is: a transfer of resources that has to be justified to shareholders, executives, and the logic of growth. Charity becomes investment, public relations, or risk management.
Contextually, the line lands in late-20th-century America, when corporate public image hardened into strategy and the language of “stakeholders” started to compete with the old, colder vocabulary of profit maximization. It’s also a historian’s corrective to nostalgia. We like to imagine earlier eras had nobler captains of industry; Ambrose reminds us that the default setting of the corporation is not benevolence but retention. The bite of the quote is that it doesn’t moralize directly; it just describes a “hate” we all recognize in practice, then leaves the listener to connect it to everything from lobbying to layoffs to performative philanthropy.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Ambrose, Stephen. (2026, January 15). American corporations hate to give away money. FixQuotes. https://fixquotes.com/quotes/american-corporations-hate-to-give-away-money-153305/
Chicago Style
Ambrose, Stephen. "American corporations hate to give away money." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/american-corporations-hate-to-give-away-money-153305/.
MLA Style (9th ed.)
"American corporations hate to give away money." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/american-corporations-hate-to-give-away-money-153305/. Accessed 12 Feb. 2026.



