"It seems to me therefore clearly not desirable that generally higher education or research should be regarded as legitimate purposes of corporation expenditure, because this would not only vest powers over cultural decisions in men selected for capacities in an entirely different field, but would also establish a principle which, if generally applied, would enormously enhance the actual powers of corporations."

Answer below the fold.

As if the long sentence wasn't a giveaway, it's that famous corporate shill F. A. Hayek in"The Corporation in a Democratic Society" in Studies in Philosophy, Politics, and Economics, U of Chicago, 1967, p. 305.