Supermarkets—our enemies?

“Every time we step through its doors we enter into a battle with our enemy, the supermarket corporation, whose motives are totally opposed to...

Apologizing for “white” advertising

The CEO of my favorite outfitter, Mountain Equipment Co-op (MEC), recently posted an open letter on the company’s website, with the heading: “Do white...

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...

We need more selfishness, not less

Contrary to conventional wisdom, selfishness is a virtue--and we need more of it. For most people being called selfish is an accusation, not praise....

Altruism is not a guide for living—or for business

Most of us pursue self-interest every day: we eat nutritious food, engage in productive work (to have a purpose and to make a living),...

How to maximize long-term profits: The reality principle

A recent Financial Post column relates a real-life counter example of how not to maximize long-term profits, which I think is worth analyzing. To...

Appeasing “stakeholders:” How not to deal with corporate critics

A few months ago I announced the “Corporate Appeasement Award” for Tim Hortons, the Canadian coffee shop chain that caved in under an environmentalist-orchestrated...

Who is afraid of individual rights?

I recently attended a conference on conservative ideas to learn more about them. My biggest takeaway: while conservatives agree with Objectivism (the philosophy to...

Are the rich getting richer and the poor poorer?

The long-standing argument of the Left is that the rich are getting richer and the poor poorer, presumably because the former “exploit” the latter....

Energy industry distrusted—because it’s motivated “just” by profit

A recent survey by Canada West Foundation shows that almost half of the respondents (mostly Western Canadians) distrust the energy industry because “it is...

A shareholder-employee conflict?

I just finished reading a Finnish novel in which the main conflict is between Forest Giant (English translation), a large forest products company in...

“As soon as two businessmen get together, they start discussing how to fix prices”

This is what I heard a leftist public radio talk show host say on Sunday morning. My ears naturally perked up upon hearing something...