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?