What is stakeholder capitalism?

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 92%

United States Headlines News

United States Latest News,United States Headlines

Weighing up the costs and benefits to different groups is fraught with difficulty. In some instances it can lead to corporate hypocrisy

headline last year, would have made Milton Friedman turn in his grave. In a landmarkessay, whose 50th anniversary fell on September 13th, the Nobel-prizewinning economist sought from the first paragraph to tear to shreds any notion that businesses should have social responsibilities. Employment? Discrimination? Pollution? Mere “catchwords”, he declared. Only businessmen could have responsibilities.

In partisan America, riven by gender, race and income inequality, such “stakeholderism” is all the rage. But there is pushback. To celebrate the half-centenary of Friedman’s essay, the University of Chicago, his, held an online forum at its Booth School of Business in which advocates of his creed argued that giving bosses too much latitude may make things worse for stakeholders, not better.

It is possible that the retailer’s stance helped win over new consumers. It may even have benefited Walmart’s bottom line—and shareholders. Yet it also showed that amid increasingly polarised politics, what is good for one set of stakeholders may be anathema to another.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Dear America Leaders, please should establish 1 control election staff group for all state in election 2020 to avoid democratic party rigging the elections

Hello LeoDiCaprio What about that? And you GretaThunberg Do you believe Brazilian generals? They are the same ones who haven't seen the PT Party plunder Brazil for 14 years! They are also the same ones who haven't seen the Supreme Court grant impunity to the plunderers.

More so than there already is?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

About | AHEAD: America's HIV Epidemic Analysis DashboardEnding the HIV epidemic starts at the community level. Federal agencies, advocacy groups, and local leaders launched the AHEAD dashboard to monitor progress towards meeting the EndHIVEpidemic goal. Learn more about this critical tool: eheAHEAD EHEdata
Source: HHSGov - 🏆 147. / 63 Read more »

Selena Gomez Demands Facebook's Mark Zuckerberg and Sheryl Sandberg Shut Down 'Hate Speech' Groups'I am calling on you both to HELP STOP THIS.' So shut down any group the hates Christians...Jews...Karen’s...Republicans...got it......
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Celebrities and Politicians React to Ruth Bader Ginsburg's Death'I am heartbroken,' J.Lo tweeted.
Source: Cosmopolitan - 🏆 725. / 51 Read more »

It's Official: TikTok Ban Is HappeningWhatever you do, don't delete the app yet.
Source: papermagazine - 🏆 409. / 53 Read more »

Mini Doughnut MuffinsFresh doughnuts are one of the things I crave most, but making yeasted doughnuts is a lengthy, involved process that I often don’t have time to undertake. Doughnut muffins are my solution. Jammy and bite sized with none of the wait, once you’ve made them a few times you won’t even have to look up the recipe. You can use any type of jam to fill these or simply eat them plain.
Source: epicurious - 🏆 114. / 63 Read more »

Selena Gomez Calls On Facebook to Stop the Spread of 'Misinformation' and 'Hate Speech'“I am calling on you both to HELP STOP THIS.” (via toofab) TooFab QAnon immediately responds: 'She's lying.' VoteBlueToSaveAmerica TooFab She’s pregnant TooFab What the F does that even mean
Source: TMZ - 🏆 379. / 59 Read more »