The Debate: Should businesses put purpose above profit?
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.
