JAN 7, 2014 PROGRAM:
The Caux Round Table and the Fight for Moral Capitalism
Pope Francis has written and Apostolic Exhortation that, in part, questions the social justice of capitalism as social Darwinism; President Obama speaks out against economic inequality in the United States; Occupy Wall Street and Occupy Minnesota brought forth anger at the collapse of credit markets in 2008 and the resulting great recession; good jobs are not coming back; world wide growth is meager. Is capitalism to blame?
Are we condemned to support only one form a capitalism or can free markets be reshaped to be more responsible and provide more social justice through private enterprise?
The Caux Round Table offers a strategy for the improvement of capitalism through the integration of ethics with sound stakeholder management practices.
Steve Young was Assistant Dean at the Harvard Law School and Dean and Professor of Law at the Hamline University School of Law. He has practiced law both in New York City and the Twin Cities, written commentaries for the Star Tribune, Pioneer Press, the New York Times, and the Washington Post. He is now the Global Executive Director of the Caux Round Table and teaches corporate responsibility at the Carlson School, University of Minnesota and at the Sasin Graduate Institute of Business Administration, Chulalongkorn University Bangkok.