The new capitalism is looking a lot like the old capitalism

Source Crains
Original Load Date Sept. 20, 2019, 1:01 p.m.
Last Updated Sept. 20, 2019, 1:01 p.m.
Original URL http://www.chicagobusiness.com/economy/new-capitalism-looking-lot-old-capitalism

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(Bloomberg)—The Business Roundtable caused a stir last month by declaring the purpose of a corporation isn’t merely to generate returns for shareholders—the group’s official line since 1997—but to care for all its stakeholders. The 300-word statement spurred speculation over how corporate America m...