Harvard Business Review

Can Capitalism Be Both Progressive and Profitable?


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Can Capitalism Be Both Progressive and Profitable?

31 Jul 2024

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Can an economy that focuses on societal well-being and environmental responsibility also drive innovation and society's the bottom line? Nobel Laureate economist Joseph Stiglitz offers his insights.

00:00 Neoliberal vs. progressive capitalism
00:55 Progressive capitalism defined
01:37 But...doesn't regulation stifle innovation?
03:05 What other tools does progressive capitalism offer?
04:15 Doesn't this go against standard economic theory?
For more, check out Stiglitz's new book, "The Road to Freedom: Economics and the Good Society" https://s.hbr.org/4fkiZAp
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