Categories:News
Milton Friedman’s Vision Has Failed. Let’s Bury It and Move On.
Posted OnSeptember 18, 2020 byCommentary by Mike Kubzansky, CEO of Omidyar Network, in Barron’s Fifty years ago this week, economist Milton Friedman wrote that, “There is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profit.” That year, 1970, gave birth to a host of new ideas and products. IBM rolled…Read More
Categories:News
EBay Founder Pierre Omidyar’s Philanthropic Investment Group Calls for a New Version of Capitalism
Posted OnSeptember 14, 2020 byCNBC featured Omidyar Network’s call to investors to take a new approach to capitalism. “Omidyar’s group is encouraging leaders across the country to look at the economic system as a way to “equally ensure that people who have been historically and systematically marginalized by structural racism, colonialism, paternalism, and indifference will have opportunity, power, and…Read More