Corporate Social Responsibility–why we should drop the concept

Corporate Social Responsibility (CSR) is a concept that has permeated the language of business as a taken-for-granted, feel-good synonym for ‘ethical.’ Despite the term’s...

“Inclusive capitalism” is not capitalism

Returning from a trip to Europe (the excuse for no posts recently), I read a column in the Wall Street Journal’s Europe edition by...

Should we boycott Amazon?

Amazon has been “exposed” by the New York Times as “a bruising workplace” where employees are driven by callous managers to compete against their...

Apple’s tax strategy is not only legal—it’s moral

The U.S. corporate tax rate is about 40%. Ireland’s is 12.5%. Following a tax minimization strategy and legal transfer pricing practices, Apple claims about...

Why business and force don’t mix

My recent post on the Pope’s misguided accusation of business for exploiting workers has received some reactions that indicate a misunderstanding of the role...

Businesses make the world a better place

Hollywood has a long history of businessman movie villains, from Mr. Potter in ‘It’s a wonderful world’ to ‘Wall Street’s’ Gordon Gekko and Lord...

Volkswagen’s cheating was not selfish

Media coverage of Volkswagen’s astounding emissions-rigging scandal continues, for a good reason: the company’s (the executive’s who authorized the cheating and of all those...

Why business people should be honest

In my years of teaching ethics to business students, I must have heard it all when it comes to justifying deception and lying in...

No business should cheer a carbon tax

I just changed cell phone providers. Why? My former provider, Telus, was tweeting its enthusiastic support for the newly announced Canadian federal carbon tax...

Profit motive and private property—keys to preventing forest fire damage

A large forest fire—covering an area of about 160,000 hectares, according to the latest reports—has been ravaging the city of Fort McMurray, the center...

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...

The secret to long-term profitability: Moral principles

As every business owner knows, starting and operating a business successfully requires continual decision making: What type of business to choose and why? Where...