Drucker and the Tax Deal

It’s difficult to know just what Peter Drucker would have made of the tax deal reached by President Obama and now facing an uncertain fate on Capitol Hill. Drucker, after all, was very hard to pin down politically, characterizing himself “sometimes as a liberal conservative and sometimes as a conservative liberal but never as a […]

The Profit Motive

The Commerce Department’s announcement last week that corporate profits hit an all-time high in the third quarter—coming in at an annual rate of $1.659 trillion—would likely have left Peter Drucker wondering one thing: When will all of this dough accrue to the greater good? Drucker was never shy about stressing that businesses need to make money—and […]