Market-Based Management Essay Institute

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When he first took over the company in 1967, the firm was a medium sized oil firm with annual revenues of about $ 180 million, and valued at about the same amount.

Today, Koch Industries has grown more than 500 fold and its value exceeds $ 100 billion.

Two non-teachers will be there, too: Charles and David Koch, the notorious right-wing billionaires.

Well, the Kochs won’t be there in person, but they will be represented by a Koch-funded and controlled organization: the Arlington, Virginia-based Bill of Rights Institute.

He probably moved around quite a bit as a child because his father, who then was a petroleum engineer, moved around quite a bit because of his chosen career. He remained at MIT, and did his graduate work on mechanical and nuclear engineering. But before the end of his presidency of Koch Engineering, in 1966, his father appointed him to the presidency of the entire company.

When he was ready to go to college, Charles enrolled at Massachusetts Institute of Technology [MIT] in Cambridge, Massachusetts, to study engineering. Charles’ major was general engineering and he graduated with a B. In the following year, in 1967, his father passed away, and Charles became the chairman and chief executive officer [CEO] of the firm, which was then renamed Koch Industries, a name the firm holds until today.As a recent exposé (“Inside the Koch Brothers’ Toxic Empire”) by investigative reporter Tim Dickinson details, the Kochs made that money largely by polluting the Earth and heating up the climate, with massive oil and gas holdings.And through their network of far right foundations and front groups, they lobby for policies and fund politicians in line with their free market, fossil fuel interests.His father had also attended MIT, and had earned his B. Over the years, Charles Koch has been an outstanding executive, especially if measured by the growth of Koch Industries. Little, his father summoned him home to help him manage the medium sized oil company, his father then owned and managed.He is a founder and director of the Cato Institute, and supports other similar organizations. They have two children, a daughter Elizabeth and a son Chase. Charles has received many awards and recognitions, most for his largesse and involvement in social, economic, cultural and political organizations.His biggest academic beneficiary of his largesse has been George Mason University, in northern Virginia, near Washington D. He was awarded an Honorary Doctor of Science degree by George Mason University, an honorary Doctor of Law degree by Babson College, and an Honorary Doctor of Commerce degree by Washburn University.For years, the Bill of Rights Institute has shown up at NCSS conferences to offer curriculum workshops, distribute teaching materials, and collect the names of interested educators.What the Bill of Rights Institute representatives fail to mention when they speak with teachers is that they have been the conduit for millions of dollars from Charles and David Koch, as the brothers seek to influence the country’s social studies curriculum.For example, in one “click-and-explore” activity at the BRI website, showing the many ways that government can oppress individuals—“Life Without the Bill of Rights?”—a cartoon character pops up with a dialogue bubble reading, “The gov’t took my home! Educator resources for “Documents of Freedom” at the BRI site underscore this business-good/government-bad message: “When government officials can make any laws they please—and hold themselves above the law—there is less economic growth, less creativity, and less happiness.


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