Sustainability makes good business sense, and we're all on the same team at the end of the day. That's the truth about the human condition.
Paul PolmanRead
Addressing the weaknesses of capitalism will require us, above all, to do two things: first, to take a long-term perspective, and second, to re-set the priorities of business.
Interpretation
We need to address capitalism's weaknesses with a focus on the long-term and by changing business priorities.
Paul Polman's quote emphasizes the necessity of reevaluating capitalism by adopting a long-term mindset and adjusting the core objectives of businesses. He suggests that merely addressing short-term profits is insufficient; genuinely improving capitalism requires a deeper commitment to sustainable practices and a willingness to prioritize social and environmental responsibilities over traditional financial goals.
In practice
In a business seminar discussing the future of capitalism.
Sustainability makes good business sense, and we're all on the same team at the end of the day. That's the truth about the human condition.
I think the most important thing is to achieve what you set out to achieve. Just being a CEO in itself is not success. I would not relate success to a title or a position.
Let's work together to make our economies strong and our climate sustainable. It can be done.
I discovered a long time ago that if I focus on doing the right thing for the long term to improve the lives of consumers and customers all over the world, the business results will come.
Permissible growth in the future has to be based on sustainable and equitable models.
The young give us hope because young people are certain their best days still lie ahead - which explains why they're absolutely convinced they can change the world for the better.
The gap in India has always been between the promise and the execution.
The perennial conviction that those who work hard and play by the rules will be rewarded with a more comfortable present and a stronger future for their children faces assault from just about every direction. That great enemy of democratic capitalism, economic inequality, is real and growing.
Every economy exists, no matter what the level of democracy, has elements of crony capitalism. It's - given human nature and given the democratic structures, which we all, I assume, adhere to, that is an inevitable consequence.
The trouble with capitalism as a system is that only those who have or can get capital can make it work for them, and that leaves out damn near all of us.
Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.
I've never been on Wall Street. And I care about Wall Street for one reason and one reason only because what happens on Wall Street matters to Main Street.
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