What does it profit a man to gain the whole world and lose his soul? Spoiler alert: Nothing. This bible verse has endured over the centuries as a reminder that we can't put our price tag on what matters most. Yet, time and again, businesses have put profits above all -- leading our world to the brink of a climate catastrophe, an inequality crisis, and the greatest extinction of other creatures since the dinosaurs (except this time, the meteor is us). Can we align growing returns with the greater good? Former investment banker turned business ethicist Dr. Dawn Carpenter believes we can -- and that figuring out how just might save the world. In What Does It Profit, Dawn talks with the world's leading thinkers and researchers, entrepreneurs and executives, exploring the most innovative ways we can reconcile capitalism's demand for profit with the long term well-being of people and the planet. From socially responsible investing to conscious consumerism to business ethics in this age of extremes, Dawn is your guide to the cutting-edge ideas and experiments driving the purpose-driven business revolution. What Does It Profit?
http://www.whatdoesitprofitpodcast.com
WDIP | Summer School: Benefit Corporations
We've reached WDIP Summer School 2023. Our final lesson might seem a bit technical, but attention to this detail can make all the difference to the success of a social purpose enterprise.
In class today, we learn that how a business is incorporated has a real impact on how a business venture can manage a social mission. Benefit Corporations provide entrepreneurs with a tool to change the culture of business investment and operations.
We urge you to rewind to Season 3, Episode 4 (April 13): Sollar Holler: Miing the Sun in West Virginia to reconnect with the behind-the-scenes story. When you are there, take a listen and subscribe.
Dr. Dawn also shares about her adventures this summer at the University of San Francisco working with a team of students to create a teaching/discussion guide for Season 3 so that WDIP can be used to encourage future listeners of the show to find the rich lessons embedded in each episode.
Finally, Dr. Dawn leaves us with a bit of a teaser about Season 4 coming in September. Spoiler: it's all about Ai.
HOMEWORK: Subscribe, share, and connect with us on LinkedIn. We'll be back soon.
_____________________
WDIP Summer School is powered by the Solidarity Economy Workshop at Georgetown University. Visit our website to learn more.