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Business magnate Frank Stronach calls for more companies to embrace ‘fair business’ approach

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\u0027An economic charters of rights will lead to economic democracies, and economic democracies are the basis for democracy itself\u0027

Born in Austria, Stronach arrived in Canada in 1954 after applying for work visas in four countries. Canada was the only one to accept.

“Universities are the ideal place. Right now, we are sliding downhill a bit. I think it’s very crucial that universities are engaged. What do we have to do to adjust? How can we create a more civilized society? That is the mandate.” Stronach added that the “moral right” workers have to share in profits is currently being neglected in today’s business landscape. “It’s an absolute must to do that,” he said. “People have enormous potential, and if you create that environment, it’s a totally revolutionary process.”

 

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