"We must start with the reality that corporations cannot guarantee anyone a lifetime job any more than corporations have a guarantee of immortality"
About this Quote
The intent is policy-facing. Snow, an economist and former Treasury Secretary, is speaking from the era when globalization, shareholder primacy, and rapid technological churn made long-tenure employment less common and corporate restructuring more routine. The subtext is: stop asking firms to do the work that mid-century labor markets and unions once helped enforce; adjust your expectations and your politics. “Must start with the reality” carries an instructive impatience, as if the public debate has been distorted by wishful thinking.
What’s left unsaid is where the risk goes. If corporations can’t (or won’t) guarantee permanence, the burden shifts to individuals and the state: portable benefits, retraining, stronger safety nets, or simply personal hustle. The line pretends to be morally neutral, but it quietly naturalizes a particular economic order - one where volatility is framed as an unchangeable fact rather than a set of choices about regulation, labor power, and corporate governance. It’s persuasive because it sounds like realism; it’s controversial because “realism” here doubles as a mandate to accept less.
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APA Style (7th ed.)
Snow, John W. (2026, January 18). We must start with the reality that corporations cannot guarantee anyone a lifetime job any more than corporations have a guarantee of immortality. FixQuotes. https://fixquotes.com/quotes/we-must-start-with-the-reality-that-corporations-20506/
Chicago Style
Snow, John W. "We must start with the reality that corporations cannot guarantee anyone a lifetime job any more than corporations have a guarantee of immortality." FixQuotes. January 18, 2026. https://fixquotes.com/quotes/we-must-start-with-the-reality-that-corporations-20506/.
MLA Style (9th ed.)
"We must start with the reality that corporations cannot guarantee anyone a lifetime job any more than corporations have a guarantee of immortality." FixQuotes, 18 Jan. 2026, https://fixquotes.com/quotes/we-must-start-with-the-reality-that-corporations-20506/. Accessed 12 Feb. 2026.












