Slate Money

Money Talks: The Paradoxes of Patagonia

12 snips
Sep 2, 2025
David Gelles, a New York Times reporter, dives into the captivating life of Yvon Chouinard, the founder of Patagonia. He discusses the paradox of a billionaire advocating for environmental sustainability, challenging the norms of capitalism. The conversation explores Patagonia's unique blend of profit and purpose, its ethical business philosophy, and the complexities of navigating growth while staying true to environmental values. Gelles sheds light on how Chouinard's vision has redefined corporate responsibility and the future of ethical leadership.
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INSIGHT

Business As Force For Good

  • Yvon Chouinard used Patagonia as a proof that business can act for good while still making profit.
  • His choices over decades show alternatives to extractive capitalism even if imperfect.
ANECDOTE

Early Conservation Funding

  • In the 1970s Patagonia began funding local conservation fights like opposing a Ventura River dam.
  • That early activism showed how company profits could seed long-term environmental philanthropy.
INSIGHT

Nimbyism Versus Global Climate Needs

  • Chouinard's nimbyism and preference for untouched nature clash with today's global climate realities.
  • Large-scale climate strategy needs more than land purchases and preserving remote parks.
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