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


  1. imagination
  2. economist
  3. shown
  4. growth
  5. beginning
  6. governments
  7. 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


  1. alter
  2. american
  3. beginning
  4. companies
  5. company
  6. cricket
  7. died
  8. door
  9. economist
  10. eventually
  11. friedman
  12. fundamentally
  13. global
  14. governments
  15. grandfather
  16. growth
  17. hold
  18. idea
  19. imagination
  20. jiminy
  21. jumped
  22. led
  23. managed
  24. milton
  25. mindset
  26. popularized
  27. pretty
  28. primacy
  29. prioritize
  30. profits
  31. rails
  32. reasonable
  33. shareholder
  34. shareholders
  35. shown