“In a bygone era government was solely responsible for addressing the Nation’s biggest problems, from building the interstate highway system to the New Deal social programs. However, today’s challenges are more complicated and interconnected than ever before and cannot be solved by a single actor or solution. That is why government has an opportunity to engage with the actors in the Impact Economy from non-profits to businesses.”
― Winners Take All: The Elite Charade of Changing the World
― Winners Take All: The Elite Charade of Changing the World
“Was it more important to make it easier for Etsy to do good, or rather to make it harder for ExxonMobil to do harm? Was it possible to do both?”
― Winners Take All: The Elite Charade of Changing the World
― Winners Take All: The Elite Charade of Changing the World
“The “conditions of human life have not only been changed, but revolutionized,” he wrote. Inequality is a better thing than it may seem, Carnegie explained: “The contrast between the palace of the millionaire and the cottage of the laborer with us to-day measures the change which has come with civilization. This change, however, is not to be deplored, but welcomed as highly beneficial.” Stratification was the price of the onward chugging of progress.”
― Winners Take All: The Elite Charade of Changing the World
― Winners Take All: The Elite Charade of Changing the World
“A company not run purely in shareholders’ interests risked lawsuits from its investors. The dominant interpretation of corporate law, as we’ve seen, has since the 1970s come to regard companies’ first duty as being to earn a profit for shareholders. A company that put social goals ahead of business ones had no clear place in this regime.”
― Winners Take All: The Elite Charade of Changing the World
― Winners Take All: The Elite Charade of Changing the World
“There were many things that business traditionally did to support the community, from training people to whole sets of other activities that they sort of took responsibility for, which we call investing in the commons,” Porter said. By commons he meant the shared assets of a place—things such as public schools that both industry and average people benefit from. “As people got disconnected from locations, business stopped really reinvesting in that. They thought their job was globalizing.”
― Winners Take All: The Elite Charade of Changing the World
― Winners Take All: The Elite Charade of Changing the World
Michael’s 2025 Year in Books
Take a look at Michael’s Year in Books, including some fun facts about their reading.
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