Alex Edmans is Professor of Finance at London Business School and the author of ‘Grow The Pie: How Great Companies Deliver Both Purpose and Profit’, named to the Financial Times Books of 2020.
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The Power of Purposeful Business
Even before COVID-19 devastated the world, capitalism was already in crisis. The 2007 financial crisis cost 9 million Americans their jobs and 10 million their homes. Although the economy recovered, the gains largely went to bosses and shareholders, while worker wages stagnated. In 2019, the world’s 22 richest men enjoyed more wealth than all the … ContinuedRead the article