4min chapter

The Gray Area with Sean Illing cover image

Is ethical investing a scam?

The Gray Area with Sean Illing

CHAPTER

The Business Round Table, Stakeholder Capitalism

Stakeholder capitalism is basically a bunch of players on the field saying, oh, yes, we're going to play more sportsmanlike from now on. But it's canival par oriented, and it seems designed to keep the referees at bay as long as possible. In general, it's sort of like, again, you usen sports analogy. Here's the players on the game, and they're saying, listen, there's no referees around, so werkin a self referee. And it cann't make sense. If it's a sunday afternoon game, er ond plank sacker with my buddies at the park. It does not make sense when you have an

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