Upgrading ESG Substack

Upgrading ESG Substack

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Upgrading ESG Substack
Upgrading ESG Substack
Why Ethical Business Practices Are in Crisis

Why Ethical Business Practices Are in Crisis

A Sad state of Affairs

Jeffrey Levine's avatar
Jeffrey Levine
Sep 09, 2024
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Upgrading ESG Substack
Upgrading ESG Substack
Why Ethical Business Practices Are in Crisis
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  1. The Traditional View of Corporate Objectives

1.1 Profit Maximization as the Primary Goal

For over a century, the business world has operated under one golden rule: maximize profits. This principle, deeply rooted in the history of industrialization, has driven the rise of industrial titans like John D. Rockefeller, whose empire was built through aggressive…

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