Dean, Peter T. Paul College of Business & Economics
Levi Strauss & Co. | Levi Strauss Foundation
Executive Director, Aspen Institute, Business & Society Program, author The Six New Rules of Business: Creating Real Value in a Changing World
It’s just over 50 years since Milton Friedman published his doctrine asserting that only legitimate social responsibility of business was to increase its profits, and 18 months since the Business Roundtable (almost 200 CEOs of the largest corporations in America) released a powerful statement apparently overturning five decade of shareholder capitalism, and advocating for a form of capitalism that creates value for all stakeholders. For those who believe business has the potential to make material progress on our greatest global challenges – including climate change and inequality – this appeared a major turning point. At the same time, there’s no quick path to dismantling a half-century of shareholder primacy, or the scaffolding that supports it. Judy Samuelson, Executive Director, Aspen Institute, Business & Society Program, and author of the new book, The Six New Rules of Business: Creating Real Value in a Changing World will lead a dialog with business and business education leaders to reflect on the progress being made by BRT members and other companies, discuss tangible examples of how companies are radically altering “business as usual” and discuss where there remain significant barriers, as well as the role we all will play in helping shatter those barriers for a more sustainable future.