Corporate philanthropy: good or bad?

Should corporations — and not just the wealthy individuals running them — be expected to do good?

Here are two views, one from a banker who says they should and another from a journalist who says they shouldn’t.

HSBC Chairman Stephen Green, paraphrasing Churchill:

“The market is the worst system of economic and social development – except for all the others that have been tried from time to time … There is a very real place for corporate philanthropy.”

Writer Chrystia Freeland:

“Corporate social responsibility sounds as unobjectionable as motherhood and apple pie … [But this] asks us to believe that the interests of an individual company and those of the wider community are fully aligned. They aren’t.

What do you think?

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About Author

Tom Paulson

Tom Paulson is founder and lead journalist at Humanosphere. Prior to operating this online news site, he reported on science,  medicine, health policy, aid and development for the Seattle Post-Intelligencer. Contact him at tom[at]humanosphere.org or follow him on Twitter @tompaulson.