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...

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....

Objecting to the 'season of giving' by Peter Schwartz

Peter Schwartz has written an excellent, timely op-ed article in the Washington Post, with which  I wholeheartedly agree. Please see it here.

Abolish minimum wages

Most countries have some kind of minimum wage laws. They are intended to protect unskilled or inexperienced workers against “exploitation” by employers who, in...

Business under an attack: Lessons from Resolute Forest Products

The Montreal-based pulp and paper company Resolute Forest Products has been harassed by the American radical environmental group ForestEthics for years. The ENGO (environmental...

Why you can't "rip off your clients" and maximize profits at the same time

Last week, an apparently disgruntled Goldman Sachs executive, Greg Smith, had his resignation letter published in the New York Times (http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?_r=2&hp). In the letter,...

No more altruism! Rejecting the ethics of self-sacrifice

The first part of this post’s title is a quotation from a student in my business ethics class. She had said that to her...

Not “giving” or “taking” but trading

The New York Times recently attempted to tantalize readers with a headline: “Is Giving The Secret of Getting Ahead?”. The article featured Adam Grant,...

Moral virtues of business success: Lessons from Madoff

Earlier this year, the infamous pyramid investment king Bernie Madoff was testifying in court, in conjunction with a lawsuit that seeks to get his...

Leave Amazon alone!

Typically, I don’t write about current politics—there are enough commentators doing so already—but I am making an exception on president Trump’s attack on Amazon....

What does it take to “make America great again”?

In his inauguration speech, President Trump promised, as expected, to “make America great again”—but he was short on the principles and details as to...

Does pursuit of profit cause war?

I recently visited the new premises of my alma mater, Aalto University Business School, in Espoo, Finland. There I picked up an issue of...