
Rebecca Henderson on Reimagining Capitalism
EconTalk
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Nike's Labor Practices and Corporate Responsibility
This chapter examines Nike's controversial labor practices and its response to public backlash regarding manufacturing conditions, including child labor and low wages. It discusses the company's efforts to unite brands for better labor standards and the complexities of corporate accountability in developing nations. The conversation highlights the balance between profit maximization and a compassionate approach to business, emphasizing the broader societal implications of corporate actions.
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