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“The profit-first, profit-only view of business under the Reagan Revolution raised new concerns about the social obligations of corporations beyond shareholders to constituencies like employees, creditors, customers, and local communities. This was motivated in part by the fact that despite significant stock market increases and income growth for the wealthy, many working-class Americans were left behind in the economic growth.”

ProfitCorporationsCapitalistShareholdersShareholder ValueReaganStakeholdersReaganism
Book:The Capitalist and the Activist: Corporate Social Activism and the New Business of Change
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“Capitalist enterprises and activist enterprises are ultimately both human enterprises. They reflect the contradictions, complexities, and richness of the human beings that create them, own them, patronize them, move them, work for them, and manage them. They are imperfect and impure, just like the dedicated flawed people behind them. Too much progress has been needlessly impeded by arbitrary notions of purity and perfection.”

CapitalismActivismComplexityCapitalistHumanity And SocietyActivism Or Activist
Book:The Capitalist and the Activist: Corporate Social Activism and the New Business of Change
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