Categories
Archive

Philanthrocapitalism in the White House

“It is wonderful to see all these do-gooders in one room,” said Barack Obama, at a White House gathering on June 30th of leaders of America’s best non-profits. The occasion was the long-awaited launch of a $50m Innovation Fund to support the scaling up of the non-profit community’s best ideas for tackling America’s biggest problems […]

Categories
Archive

Citizen WalMart

It was not long ago that nobody interested in making a better world would ever have a good thing to say about WalMart, the giant American retailer, and owner of Asda in the UK. Yet speaker after speaker praised WalMart at the Economist conference on corporate citizenship that Matthew has just moderated in San Francisco. […]

Categories
Archive

What is the business of business?

On Sunday, The Economist hosted a debate in New York on the motion, “The business of business is business.” For the motion, Clive Crook, of the Financial Times and the Atlantic, and Will Wilkinson, of the Cato Institute, argued that this simple rule is a necessary “constitution” for business, to ensure that its managers can […]