"But in the past, US companies have been able to increase their profits through downsizing in the US, through colonizing other people's resources, and through the increase of globalization"
About this Quote
Korten’s intent is polemical and strategic. He’s not offering a balanced taxonomy of business tactics; he’s building a causal indictment. “Have been able to” carries a quiet accusation: these gains weren’t inevitable, they were enabled by policy, ideology, and the public’s tolerance for corporate storytelling. The phrase “other people’s resources” deliberately punctures the language of markets, where land becomes “inputs” and labor becomes “cost.” It implies prior claims, stolen agency, and an ongoing pattern that survives rebranding.
Subtextually, the sentence also challenges the reader’s complicity. If profits come from layoffs at home and extraction abroad, then consumers, investors, and voters are upstream from the harm, not innocent bystanders. Context matters: Korten writes out of the late-20th/early-21st century critique of neoliberalism, when offshoring, mergers, and shareholder primacy were sold as modernization. His rhetoric is meant to de-glamorize that era’s corporate triumphalism by pointing to what the quarterly report leaves out: the social and ecological bill, exported to people with less leverage to refuse it.
Quote Details
| Topic | Justice |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Korten, David. (2026, January 17). But in the past, US companies have been able to increase their profits through downsizing in the US, through colonizing other people's resources, and through the increase of globalization. FixQuotes. https://fixquotes.com/quotes/but-in-the-past-us-companies-have-been-able-to-52852/
Chicago Style
Korten, David. "But in the past, US companies have been able to increase their profits through downsizing in the US, through colonizing other people's resources, and through the increase of globalization." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/but-in-the-past-us-companies-have-been-able-to-52852/.
MLA Style (9th ed.)
"But in the past, US companies have been able to increase their profits through downsizing in the US, through colonizing other people's resources, and through the increase of globalization." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/but-in-the-past-us-companies-have-been-able-to-52852/. Accessed 21 Feb. 2026.




