1. Capitalism

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    2. Patagonia Chair: ‘We Are Turning Capitalism on its Head by Making the Earth Our Only Shareholder’

      Patagonia Chair: ‘We Are Turning Capitalism on its Head by Making the Earth Our Only Shareholder’
      For 50 years there has been an impassioned debate about the appropriate aims and responsibilities of companies.Some side with Milton Friedmans influential viewpoint, asserting that the only responsibility of business is to generate profits for shareholders. Others believe companies have broader responsibilities to society and the environment.Lately, even state legislatures have weighed in, proposing to ban financial managers who take ESG criteria into account.But while the battle ...
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  2. Quotes about Capitalism

    1. We globalized all the forces of capitalism and of markets.
      In For Good Governance, Focus Beyond Equity Growth, U.S. Judge Tells Investors
    2. If you think shareholder activism is a very favorable thing for stock markets, for capitalism, for keeping the balance of power between management and shareholders, then what you do not want to do is restrict activists from buying more than five percent of the company.
      Bill Ackman in Ackman Fought to Keep SEC Rule That Enabled Allergan Deal
    3. You either participate in capitalism or you don't.
      In With ‘Zombie’ Directors, It’s the Board of the Living Dead