Thank heaven for large corporations

Staff Writer
The Chronicle Express

Large corporations perform amazingly well in terms of providing what we want and need. They produce and sell most of the goods and services that we take for granted in our daily lives - from the natural gas that heats our homes in the winter, to the drugs that cure our illnesses, to the clothes we wear, to the food we eat – just about everything. They employ almost 50 milllion people.

Procter & Gamble, where I worked for over 30 years, prospers by making and selling innovative products that provide superior and fairly priced benefits to consumers. The key to P&G’s success is found in its core beliefs. Here is part of P&G’s Statement of Purpose:

“We will provide branded products and services of superior quality and value that improve the lives of the world’s consumers, now and for generations to come.”

It is characteristic of large corporations like P&G to work to improve the well-being of their local communities in such areas as health, race relations, the environment, and economic development. They are far ahead of America generally when it comes to the question of human rights and diversity. For example, gays quietly achieved a milestone in 2006 when for the first time, more than half of Fortune 500 companies offered health benefits for domestic partners. P&G began doing so in 2002.

Malcontents never tire of deriding large corporations as parasites that feed on the honest toil of workers, stifle their creativity, and pollute the environment. Jeremiads about the large corporations seem silly to me. They fail to recognize the amazing innovative achievements and efficiencies of large corporations.

Any honest examination of the past and the present must lead to the conclusion that major corporations in their legitimate pursuit of profit bless the people of the United States.

Robert E. Davis

Penn Yan