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The War On The Young with Professor Scott Galloway
A Bit of Optimism
Moral Obligation to Give Back to Society
During the Victorian era, wealthy individuals like the Carnegie's and the Rockefeller's gave to charity without any tax benefits, driven by a deep-rooted moral obligation they felt towards society. This obligation stemmed from an idealistic belief in a higher power and a sense of responsibility towards the community. In contrast, modern CEOs focus more on fiduciary duties rather than moral obligations, which may contribute to the narrow focus of businesses today.
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