A widely read piece by Nicholas Eberstadt serves as an X-ray to U. S. economic indicators and shows how porous the myth of American prosperity has become since the turn of the century.
Paul Tudor Jones points out that being a just company, one with a higher sense of purpose, is not at odds with behavior that prioritizes profit. PayPal is a company that has done so.
When the pandemic descended upon us, America was a country woefully mired in the ill effects of shareholder primacy, weakened by an ineffective government, and drained of its once robust resilience. Our recovery rests with regaining that resilience and investing in stakeholder capitalism.
Stock buybacks continue to be a fever dream, driving up share prices, undermining innovation that drives real economic expansion.
Home Depot is delivering hope during the pandemic with its Ken Krew's program whose mission is to mainstream young adults with disabilities into the workforce.