I don't think he was saying it's sole importance was employment. If you had read the sentence in a more critical manner, the purpose of the corporation is to generate value. They can't provide employment to citizens, tax money for the government, or help in charity work without generating monetary value for it's products or services.
The New Deal(s) did not really do the above. Although it really provided value in the form of infrastructure as well as employment to citizens it had to take money from people as well as borrow large amounts to do it.
Hating on corporations and trading them for the government as a pseudo-corporation is just as bad. Sounds like a comment dripping with naivety from a college history class as if it's a final 'gotchya' against someone who is looking at the situation from all avenues.
The New Deal(s) did not really do the above. Although it really provided value in the form of infrastructure as well as employment to citizens it had to take money from people as well as borrow large amounts to do it.
Hating on corporations and trading them for the government as a pseudo-corporation is just as bad. Sounds like a comment dripping with naivety from a college history class as if it's a final 'gotchya' against someone who is looking at the situation from all avenues.