Business Leaders, Drawn Into Fray by Trump, May Step Back Under Biden

Since President Trump took office, corporate America has been thrust into the culture wars like never before. The atmosphere would probably be different with a Biden administration.

#biden-joseph-r-jr, #box-inc, #business-roundtable, #corporate-social-responsibility, #fink-laurence-d, #levie-aaron-w, #presidential-election-of-2020, #trump-donald-j

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Stakeholder Capitalism Gets a Report Card. It’s Not Good.

The pandemic and the movement for racial justice have tested corporate pledges to elevate social concerns alongside shareholder interests. A new study finds companies are failing to follow through.

#amazon-com-inc, #benioff-marc, #blackrock-inc, #boards-of-directors, #business-roundtable, #capitalism-theory-and-philosophy, #coronavirus-2019-ncov, #corporate-social-responsibility, #corporations, #ford-foundation, #marriott-international-inc, #wages-and-salaries

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How Liberals Opened the Door to Libertarian Economics

Milton Friedman’s free-market ideas found favor in a free-love era and helped redirect the country toward the right. The aftershocks of his radical arguments are still being felt today.

#antitrust-laws-and-competition-issues, #business-roundtable, #economics-theory-and-philosophy, #friedman-milton, #income-inequality, #libertarianism-us-politics, #regulation-and-deregulation-of-industry, #united-states-economy, #united-states-politics-and-government

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Has Business Left Milton Friedman Behind?

The economist taught a generation of corporate leaders that profit should be their main motive. A new group of C.E.O.s begs to differ.

#benioff-marc, #berkshire-hathaway-inc, #buffett-warren-e, #business-roundtable, #corporate-social-responsibility, #friedman-milton, #salesforce-com-inc

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In Argentina’s Debt Negotiations, a Kinder, Gentler Capitalism Faces a Test

BlackRock, the world’s largest asset management company, is opposing a debt settlement deal with Argentina as the country grapples with soaring poverty and the pandemic.

#argentina, #blackrock-inc, #business-roundtable, #coronavirus-2019-ncov, #corporate-social-responsibility, #economic-conditions-and-trends, #fernandez-alberto-1959, #fink-laurence-d, #georgieva-kristalina-ivanova, #government-bonds, #gramercy-funds-management-llc, #international-monetary-fund, #macri-mauricio, #pensions-and-retirement-plans, #poverty, #stiglitz-joseph-e

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A Four-Point Plan for Fixing the Economy

A heavyweight group of economists and former policymakers have outlined a flexible approach to supporting the recovery not tied to any specific date.

#apple-inc, #aspen-institute, #business-roundtable, #coronavirus-aid-relief-and-economic-security-act-2020, #coronavirus-reopenings, #furman-jason, #geithner-timothy-f, #hubbard-r-glenn, #police-reform, #shutdowns-institutional, #united-states-economy

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America, We Break It, It’s Gone

Where can we find the leadership to save the U.S.?

#bottoms-keisha-lance, #business-roundtable, #demonstrations-protests-and-riots, #facebook-inc, #floyd-george-d-2020, #george-floyd-protests-2020, #lincoln-abraham, #minneapolis-minn, #republican-party, #social-media, #united-states

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Some Companies Seeking Bailouts Had Piles of Cash, Then Spent It

They poured the money into stock buybacks and dividends. Now, those hurting from the pandemic want government aid.

#american-airlines, #boeing-company, #buffett-warren-e, #business-roundtable, #coronavirus-aid-relief-and-economic-security-act-2020, #creed-greg, #davebusters-inc, #dimon-james, #fast-food-industry, #fink-laurence-d, #kentucky-fried-chicken, #mcdonalds-corporation, #papa-johns-international-inc, #restaurants, #stock-buybacks, #yum-brands-inc

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Big Business Pledged Gentler Capitalism. It’s Not Happening in a Pandemic.

C.E.O.s who signed a celebrated Business Roundtable document, promising to elevate worker interests, are now resorting to furloughs.

#business-roundtable, #coronavirus-2019-ncov, #executive-compensation, #income-inequality, #labor-and-jobs, #layoffs-and-job-reductions, #marriott-international-inc, #sorenson-arne-m, #united-states-economy, #wages-and-salaries

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