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Bloomberg Businessweek

An Exposé of How Society Pays for Corporations

May 17, 2024
18:56
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Christopher Marquis, Sinyi Professor of Chinese Management at Cambridge, discusses how businesses privatize profits and socialize costs. They explore the societal impact of corporations shifting environmental and social costs. The conversation delves into the challenges of operating in the US-China business landscape amidst rising tensions and the need for companies to be held accountable for their actions.
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Quick takeaways

  • Businesses must be accountable for societal costs and promote regenerative models for sustainable practices.
  • US-China tension prompts reevaluation of Chinese exposure and supply chain diversification to mitigate risks.

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