menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

The Debate: Should businesses put purpose above profit?

12 1
17.04.2025

1st June 1923: Two men sitting on a huge pile of coins which after being weighed and packed have been stacked into neat rows at the Royal Mint. (Photo by Hulton Archive/Getty Images)

It’s capitalism’s age-old question, should businesses prioritise purpose over profit? Two writers hash it out in this week’s Debate

YES: We cannot have infinite growth on a finite planet

Imagine a world where people mattered more than money. Where we were conscious of the impact our business was having on our planet. Where our worth was not judged by our bank balances and the stuff that we owned but by our value to our family and community. A world where leaders were not simply employed to deliver shareholder returns at any cost.

We think this revolutionary idea of living is impossible. We forget we created the current exploitative, depletive system – and we can create another.

Countless scientists tell us that our economic models have taken nature to the brink. And yet we still believe the fallacy that we can control nature; that we can simply pay for resilience. JP Morgan and others are brutally honest about........

© City A.M.