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March/April 2004

THE SEARCH FOR MORAL CAPITALISM AND THE HOLY GRAIL OF BUSINESS VALUATION
by Stephen B. Young

Critics often contend that capitalism will never be able to reconcile the public good with the self-interest of the firm. But this author clearly and persuasively argues that it is possible and desirable to be concerned about the public welfare and pursue profitability. Such a form of capitalism can be a moral one, less deserving of criticism on the grounds of social justice.


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About the Author

Stephen B. Young
Stephen B. Young is the Global Executive Director, The Caux Round Table, an international network of business leaders working to promote moral capitalism. He is the author of Moral Capitalism: Reconciling Private Interests with the Public Good (Berrett Kohler, 2003).

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