With anti-capitalism in vogue, people find it smugly satisfying to demonize the free market. Corporations are painted as faceless money making machines and CEO’s are heartless robots squeezing every cent from their helpless workers. Although largely fueled by misinformation and hyperbole, these attacks on free market capitalism do raise the question: what role does ethics play in business and economics?
The Busch School of Business and Economics and the Napa Institute are tackling this very issue at their Good Profit conference set to take place October 4th at the Catholic University of America in Washington, DC.
This conference explores the idea of “good profit”, a business philosophy started by Charles Koch, who is chairman of the board and CEO of Koch Industries, Inc. Koch believes “business is a noble pursuit that has the capacity to improve the world when entrepreneurship and innovation are placed at the service of humanity.”
Speakers include our very own Fr. Spitzer, as well as Charles Koch, Cardinal Peter K.A. Turkson, and Robert Nardelli, Former Chairman of the Board and CEO of Chrysler and Home Depot.
Check out the Good Profit blog for more information on business ethics and details about the conference.