The ultimate cause of the October Crisis was the ideological embrace of Milton Friedman's warped but still dominant view that "the only social responsibility of business is to make a profit for its shareholders," and until that socially and economically counterproductive - and empirically, legally and ethically inaccurate - view is corrected, we will continue to have the increasing and more intense crises of global capitalism that we have seen recur with ever greater frequency over the past forty years. Sadly but clearly, the lessons have still not been learned.
The October Crisis was not just a crisis of the financial sector, but one arising from an ill-informed and erroneous mindset that still infects busin… - Chip Pitts
The October Crisis was not just a crisis of the financial sector, but one arising from an ill-informed and erroneous mindset that still infects busin…
- Chip Pitts
Genuine leadership is inherently moral. So the values chosen matter tremendously, and they must be values aligned with society (including the most un… - Chip Pitts
Genuine leadership is inherently moral. So the values chosen matter tremendously, and they must be values aligned with society (including the most un…
The ultimate cause of the October Crisis was the ideological embrace of Milton Friedman's warped but still dominant view that "the only social respon… - Chip Pitts
The ultimate cause of the October Crisis was the ideological embrace of Milton Friedman's warped but still dominant view that "the only social respon…
Genuine leadership is inherently moral. - Chip Pitts
Genuine leadership is inherently moral.
One fascinating development in recent years is how large companies like Wal-Mart or the major apparel brands are dramatically influencing behavior th… - Chip Pitts
One fascinating development in recent years is how large companies like Wal-Mart or the major apparel brands are dramatically influencing behavior th…
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