Marshall Field's, Macy's and the Absentocracy

Can big business maintain local values, even as national and international conglomerates swallow up hometown companies?

1 minute read

September 22, 2005, 12:00 PM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech


"Chicago's anguish comes from the sense of hopelessness that comes with seeing decisions that hurt the city's image being made somewhere else...Big business' civic energy was once dispersed in every community...That energy, however, is increasingly consolidated in faraway corporate boardrooms, subject to the bottom-line concerns of stockholders."

Thanks to Christopher Swope

Thursday, September 22, 2005 in Governing.com: 13th Floor

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