Breaking the Silence
The single-minded pursuit of profit, it turns out, is no way to think of or run a planet for long-term health. To take just one illustration, none of the world’s top industries would be profitable today if they had to pay for the unpriced natural capital they exploit.11 On the upside, however, I believe that we are living through the early stages o
... See moreJohn Elkington • Green Swans: The Coming Boom In Regenerative Capitalism
Jack Welch, the legendary CEO of General Motors, called the idea of maximizing shareholder returns as “the dumbest idea in the world.”
Joi Ito • The Social Labs Revolution
Companies, and the people who lead them, can no longer afford to separate business objectives from the social issues surrounding them. They can no longer view their mission as a set of binary choices: growing vs. giving back, making a profit vs. promoting the public good, or innovating vs. making the world a better place
Marc Benioff • Trailblazer: The Power of Business as the Greatest Platform for Change
It was only after Friedman’s 1970 article that executives and directors started to see themselves as responsible to their “owners,”
Simon Sinek • The Infinite Game
We pay lip service to “sustainability”; some of us “empower” our employees; a few strive to be better “citizens,” but for most of us, the daily rituals of capitalism remain much the same. What really matter, at the end of the day, are profit, growth, and shareholder value.
Umair Haque • The New Capitalist Manifesto: Building a Disruptively Better Business
It was a foundational lesson for me: shareholder capitalism works because it is simple and clear, and governance models too have a tendency to default to the simple and clear. In the shareholder model, lines of accountability and performance tracking are quantified and very transparent. It may be possible to design more modern structures in theory,
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