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Moral Capitalism

Reconciling Private Interest with the Public Good
in: Economics
Summary:

The book advocates for a balanced approach to capitalism that aligns private enterprise with the broader interests of society, proposing a framework where businesses operate ethically, sustainably, and in a manner that benefits all stakeholders. It outlines principles and practical strategies for companies to contribute positively to social and environmental issues while still achieving economic success.

Key points:

1. Stakeholder Interdependence: Young highlights the need for businesses to consider all stakeholders, including employees, customers, and the community, to create a sustainable and ethical capitalism.

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