B the change you want to see
B the change you want to see
Friday, May 6th, 2011
Is shareholder capitalism broken?
Few would argue that it’s working well. Business as usual has us on a path to climate catastrophe. The housing/banking industry collapse threw the world into recession. We’ve seen Fukushima, the BP oil spill, the Massey coal mine deaths. Growing income inequality has become a persistent worry.
The conventional response to all that – indeed, the one that I share – is that smarter (though not more) regulation is needed. But a growing number of business people say the problems go deeper.
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Marc is a contributing editor at FORTUNE magazine, a senior writer at Greenbiz.com and a lead blogger at The Energy Collective.