Corporations all over America may be laying off employees, but many remain flush with cash. The New York Times reports in Tuesday’s paper about an increasingly trend among American corporations. Instead of hiring more workers or investing in new growth opportunities, big companies are spending money on buying back their own stock. Louise Story, Wall Street […]
A new generation of businesspeople is bringing environmental and social interests into the boardroom. John Elkington, author of Cannibals with Forks: The Triple Bottom Line of 21st Century Business, talks with host Steve Curwood about some corporations that are beginning to catch on to an emerging ethic of sustainable capitalism.
Author David Korten says the reason why money feels tighter for middle and lower income Americans is that they’re losing out to the tremendous concentration of wealth and power by giant multinational corporations . . . who are also responsible for deepening poverty, social breakdown, and environmental decline.