James O'Toole, a professor emeritus at the University of Southern California, talks with Recode's Kara Swisher about his book, The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good. O'Toole discusses the first such "enlightened capitalist," British industrialist Robert Owen; why, like Owen, do-gooder CEOs can't or won't make change today; and the history of the belief that corporations only exist to serve the shareholder. He also talks about how Whole Foods co-founder John Mackey's battle with values-adverse shareholders forced him to sell the company Amazon, and why a growing number of small companies are writing their ethical values into legally binding paperwork.
James O'Toole, professor emeritus at USC
Kara Swisher (@karaswisher), Recode co-founder and editor-at-large
More to explore:
Subscribe for free to Pivot, Kara’s podcast with NYU Professor Scott Galloway that offer sharp, unfiltered insights into the biggest stories in tech, business, and politics.
About Recode by Vox:
Recode by Vox helps you understand how tech is changing the world — and changing us.
Newsletter: Recode Daily
Twitter: @Recode and @voxdotcom
Podden och tillhörande omslagsbild på den här sidan tillhör Recode. Innehållet i podden är skapat av Recode och inte av, eller tillsammans med, Poddtoppen.
Vi använder kakor (cookies) för att webbplatsen ska fungera på ett bra sätt för dig. Genom att surfa vidare godkänner du att vi använder kakor.