Tag: Woke Capitalism

Opinion | The Problem Isn’t “Woke Capitalism”—Which Isn’t a Thing—But Corporate Capitalism | Common Dreams

Graphic showing Benjamin Franklin and falling stock prices.

Corporations and institutional investors won’t deviate from maximizing short-term profits and shareholder returns unless they are required to do so by law. And even then, only when the penalty for violating the law multiplied by the probability of getting caught is higher than the profits from continuing with the illegality.

Source: Opinion | The Problem Isn’t “Woke Capitalism”—Which Isn’t a Thing—But Corporate Capitalism | Common Dreams