Business Can't Solve the World's Problems — But Capitalism Can
Harvard Business Review
JANUARY 15, 2013
Even social business will not address those issues for which markets cannot be developed. Philanthropy is the market for love. This nonprofit rulebook discriminates against charities in at least five different areas: compensation, marketing, risk taking, time horizons, and capital itself. This we call ethics. Amazon was permitted to forgo investor returns for six years to build market dominance.