How an Economist's Cry for Ethical Capitalism was Heard
How an Economist's Cry for Ethical Capitalism was Heard BY: DANIELLE SACKS markets need to serve the interests of people as much as they serve companies or shareholders. urging a more ethical form of capitalism. If the surge of corporate power was going to leave governments relatively impotent, then those corporations themselves needed to fill the void. both economics and business need to be put back into the human social context. globalization isn't just allowing companies to trade freely all over the world. It's about what types of rights and responsibilities come with that I have problems with this very extreme form of capitalism where the pendulum has swung so far in one direction, where the focus is completely on the short term, and no one is thinking about the consequences.~Noreena Hertz there would be dire consequences if unregulated markets were rewarded for success but not penalized for failure. Companies should be financially motivated to behave in ways that benef...