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Rebecca Henderson on Reimagining Capitalism

EconTalk

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Capitalism's Dilemma: Balancing Profit and Responsibility

This chapter examines the pitfalls of modern capitalism, particularly the overemphasis on maximizing shareholder value. The discussion highlights the need for CEOs to balance short-term profits with long-term societal and environmental benefits, while also critiquing corporate influence on politics and climate policy. It advocates for a more ethical business approach that prioritizes sustainable practices, including the untapped potential of nuclear energy in addressing climate change.

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