“Every one of our institutions today exists to. . .”

“Every one of our institutions today exists to contribute outside of itself, to supply and satisfy nonmembers. Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and managers, or even dividends to shareholders. Jobs and dividends are necessary means but not ends. The hospital exists not for the sake of doctors and nurses, but for the sake of the patients whose one and only desire is to leave the hospital cured and never come back. The school exists not for the sake of teachers, but for the students. For a management to forget this is mismanagement.”

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“Every one of our institutions today exists to. . .”

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