Capitalism is fundamentally a good thing, but it often can go wrong.
Show Notes
When it comes to the bottom line, corporate social responsibility sometimes pays, but sometimes does not, according to Jonathan Haidt of the NYU Stern School of Business. This episode features his lecture at the Aspen Ideas Festival. He says studies back up the notion that creating an ethical culture within your organization, and treating your employees well, always pays in the long run. Learn how business leaders and government regulators can work together to do much better "ethical systems design." The stakes are high because doing this well would boost productivity and the GDP.
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