2min chapter

The Capitalism and Freedom in the Twenty-First Century Podcast cover image

Daron Acemoglu (MIT Economics Prof) on Institutions, Economic Growth, and AI

The Capitalism and Freedom in the Twenty-First Century Podcast

CHAPTER

Rethinking Shareholder and Profit Maximization

This chapter examines the tension between maximizing shareholder profits and maintaining healthy relationships with other stakeholders. It advocates for a cooperative business approach that benefits employees and customers, ultimately supporting long-term shareholder value.

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