Thursday, June 15, 2017

Move over greed: Social purpose is the future of our economy

There’s an iconic line in the 1987 movie Wall Street when Michael Douglas’ character, Gordon Gekko, declares to a crowd of hundreds: “Greed, for lack of a better word, is good. Greed is right. Greed works.” The crowd eats it up, cheering and giving him a standing ovation. That may have been well and good in the 1980s (at least before the ‘87 crash), but if he made the same statement today, he’d be run out of town. Of course the primary objective of any business is to maximize profit. That’s a given. But in the last few years, something…

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