Business

Business as a Moral Endeavor

Business is moral because our lives and well-being depend on it, and businesspeople are heroes and moral creators who deserve, not our disdain and criticism, but our thanks.

Michelle Freeman’s “Night in the Box”

Business executive Michelle Freeman recently spent a night shivering in the cold with homeless teenagers. What “good” will that achieve when the teenagers can’t find work? What moves wealthy individuals to do “penance” for their wealth?

SEC Attacks SAC Capital

Insider trading is when someone trades with knowledge they have but which others do not. The question is whether this should be a crime.

Corporate Welfare is Immoral

In its recently released budget the Canadian (Conservative!) government announced $6.4 billion of new corporate welfare spending. The aerospace sector will receive $1.2 billion of it over the next five years, Federal Economic Development Agency for Southern Ontario $920 million, forestry companies $92 million, Venture Capital Action Plan $60 million, and $325 million will go […]

Why Whole Foods CEO John Mackey Was Right to Call Obamacare “Fascist”

Whole Foods co-CEO John Mackey recently backed off his description of Obamacare as “fascism.” Mackey stated, “I made a poor word choice to describe our health care system, which I definitely regret. The term fascism today stirs up too much negative emotion with its horrific associations in the 20th century.” Actually, he should have stuck […]

Magical Thinking Won’t Stop the Layoffs

Associated Press and FoxNews.com reports: Medical supply giant Stryker is the latest company to announce job cuts in anticipation of coming costs associated with Obamacare, even though the man who inherited a fortune from the company’s founder is a fan. The company will cut 1,170 jobs, or five percent of its worldwide workforce, despite the […]