Rebuilding the Social Contract, Part 2: Corporate Interests: Shareholder or Stakeholder?

While globalization has lifted millions out of poverty, the geopolitical forces that drove it have largely left the middle class behind. There is a growing sense that the social contract established after WWII is broken. 

This is the second episode of our 3-part series on the rebuilding of that social contract from three distinct perspectives: that of the people, that of the corporate sector, and that of government. This first episode is from the people’s perspective. 

Since deregulation in the 1980’s, the only stakeholder that has mattered to business is the shareholder. Jay Coen Gilbert, co-founder of B-Lab, and Colin Mayer, professor at Oxford University and author of “Prosperity: Better Businesses Makes The Greater Good,” discuss why the corporate culture may be at an inflection point with WorldAffairs Co-host Ray Suarez.

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