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Historically, Americans think of shareholder capitalism when corporate America comes to mind. A new philosophy of business called “stakeholder capitalism” is taking hold in the business world, and it has serious tradeoffs for investors. David McGarry joins me to discuss the positives and negatives of this new idea.
David B. McGarry is a consumer-choice fellow with Young Voices. He writes extensively on tech policy and consumer-choice issues, appearing in such publications as RealClearPolicy and National Review. Follow him on Twitter @davidbmcgarry.
The Nonsense of Stakeholder Capitalism – spectator.org/stakeholder-capitalism-nonsense/
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