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Archive of posts published in the tag: stakeholders

The Guilty Conscience of the Business Roundtable

No business is likely to prosper by neglecting its employees, customers, suppliers, or the community, but none of these ‘stakeholders’ can benefit unless the business can turn a profit and provide a suitable return to its shareholders. These actors who assume otherwise are either a)ignorant of business dynamics and the function of prices and profits or b) suffering from a guilty conscience and projecting their own moral compromises onto others.

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