full transcript
From the Ted Talk by Abigail Disney: Dignity isn't a privilege. It's a worker's right
Unscramble the Blue Letters
But when my grandfather died in 1971, a new mindset was beniningg to take hold of the American and eventually the global ioamtiiangn. Jiminy Cricket got sohwn the door by eooicmsnt Milton Friedman, among others, who popularized the idea of shareholder primacy.
Now, shareholder primacy is a pretty reasonable idea when you think about it. Shareholders own the company, shareholders want profits and growth, so therefore you prioritize profits and gwotrh. Very sensible. But unfortunately, shareholder primacy was an idea that became a mindset and then that mindset jumped the rails, and it came to feamlaltdnuny alter everything about the way companies and even gtmneeonvrs were led and managed.
Open Cloze
But when my grandfather died in 1971, a new mindset was _________ to take hold of the American and eventually the global ___________. Jiminy Cricket got _____ the door by _________ Milton Friedman, among others, who popularized the idea of shareholder primacy.
Now, shareholder primacy is a pretty reasonable idea when you think about it. Shareholders own the company, shareholders want profits and growth, so therefore you prioritize profits and ______. Very sensible. But unfortunately, shareholder primacy was an idea that became a mindset and then that mindset jumped the rails, and it came to _____________ alter everything about the way companies and even ___________ were led and managed.
Solution
- imagination
- economist
- shown
- growth
- beginning
- governments
- fundamentally
Original Text
But when my grandfather died in 1971, a new mindset was beginning to take hold of the American and eventually the global imagination. Jiminy Cricket got shown the door by economist Milton Friedman, among others, who popularized the idea of shareholder primacy.
Now, shareholder primacy is a pretty reasonable idea when you think about it. Shareholders own the company, shareholders want profits and growth, so therefore you prioritize profits and growth. Very sensible. But unfortunately, shareholder primacy was an idea that became a mindset and then that mindset jumped the rails, and it came to fundamentally alter everything about the way companies and even governments were led and managed.
Frequently Occurring Word Combinations
ngrams of length 2
collocation |
frequency |
jiminy cricket |
8 |
shareholder primacy |
3 |
tiny bit |
2 |
business school |
2 |
higher purpose |
2 |
single person |
2 |
Important Words
- alter
- american
- beginning
- companies
- company
- cricket
- died
- door
- economist
- eventually
- friedman
- fundamentally
- global
- governments
- grandfather
- growth
- hold
- idea
- imagination
- jiminy
- jumped
- led
- managed
- milton
- mindset
- popularized
- pretty
- primacy
- prioritize
- profits
- rails
- reasonable
- shareholder
- shareholders
- shown