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Value of competition

The markets are not free in most of the world which means that competition is curtailed. In Canada, the federal government has targeted some...

What’s wrong with Amazon jumping on the minimum wage bandwagon?

Amazon recently announced that it will raise the hourly wage it pays to a minimum of $15, to the cheering of its workers. CEO...

“Victims” of capitalism?

When the Canadian government recently announced its plan to build a monument to victims of communism, Elizabeth May, the Green Party leader (and the...

Does fighting climate change give business an advantage?

Business columnist Kevin Carmichael recently argued that carbon offsets gives the international shoe manufacturer and retailer ALDO an advantage in attracting customers. To be...

What is business ethics for?

A new semester, and a new class of business ethics, has begun. In my class, we initially discuss concrete examples of ethical dilemmas in...

Why business requires moral clarity and courage

Why would a practical endeavor such as business—creating wealth through production and trade of goods and services—require moral clarity and courage, you may ask....

How to help workers flourish?

Labor Day celebrates labor unions as the protectors of workers against exploitation by “greedy” capitalists—corporations that allegedly would lock up workers in inhumane conditions...

Abolish “supply management”!

One of the sticking points in the trade agreement (NAFTA) negotiations between the United States, Canada and Mexico is the decades old Canadian chicken...

How business improves lives

I have just returned from the world’s biggest gathering of business school academics who study management and organizations, the annual meeting of the Academy...

Productive work and happiness

Pause for a second and think what makes you happiest. Good health? A satisfying romantic relationship? Your children thriving? Spending time with friends and...

Persistent egoism: Why pursue self-interest?

Many people balk at the idea of ‘persistent egoism’ that I addressed in a recent post. They do so because they have absorbed the...

Why Jeff Bezos should say no to the Billionaires’ Pledge

Jeff Bezos, the founder and CEO of Amazon, recently became the richest person in the history of the world, as his net worth climbed...