Guy Kawasaki's Remarkable People cover image

Tom Peters: The Return of Excellence

Guy Kawasaki's Remarkable People

00:00

Eulogy Virtues Are the Essence of Parenting

Milton Friedman wrote an op ed in the New York Times, which ushered in the shareholder value maximization era. In 1970, when Friedman said that 50% of profits and the like went to shareholders, 50% went to people, research and development, and so on. 45 years later, a study showed 91% of profits went to the shareholders,. share buybacks and executives, and 9% went toPeople and R&D. Do you wonder why a lot of shit is going on down on the streets? Milton Friedman should take a large share of the response.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app