#3179: "Corporate Greed" Vs Capitalism
In this class, I’m talking about corporate greed vs. capitalism. I saw a post on X (you know, what we used to call Twitter) about Chipotle raising their prices, making big profits, giving their CEO a huge bonus, and saving money in stocks. People were calling it “corporate greed,” but it got me thinking—doesn’t that just sound like capitalism? Isn’t that what companies are supposed to do?
I wanted to figure out why we call some companies greedy and others just good at business. After digging into it, I’ve got some thoughts to share. Let’s break it down together.
Show Notes:
[05:47] #1 The distinction between corporate greed and capitalism lies in intent, ethics and the broader impact of business practices.
[15:47] #2 Every business is designed with the idea of creating value, exchanging that value for money. That’s the purpose of having a business.
[23:50]#3 Corporate greed is about short term thinking, prioritizing immediate profits over long term sustainability or societal well being.
[31:07] Recap
Episodes Mentioned
2605: The Satanic Attack On Language
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