"Inclusion creates economic growth. So the neoliberal idea that inclusion is this fancy luxury to be afforded if and when we have growth is both wrong and backwards. The economy is people. Including more people in more ways is what causes economic growth in market economies...The third principle is the purpose of the corporation is not merely to enrich shareholders. The greatest grift in contemporary economic life is the neoliberal idea that the only purpose of the corporation and the only responsibility of executives is to enrich themselves and shareholders. The new economics must and can insist that the purpose of the corporation is to improve the welfare of all stakeholders: customers, workers, community and shareholders alike."
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Businesspeople from the United StatesPhilanthropists from the United StatesNon-fiction authors from the United StatesJews from the United StatesPeople from New York City
Original Language: English
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The dirty secret of capitalism -- and a new way forward | Ted Talk, (July 2019)
https://en.wikiquote.org/wiki/Nick_Hanauer
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Nick Hanauer
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