“Woke capitalism” is no substitute for Catholic social teaching
Financial analysts are swooning over the Corporate Roundtable’s new “Statement on the Purpose of a Corporation” signed by 181 CEOs, including those of Walmart, JP Morgan, and AT&T. These executives have pledged to “lead their companies for the benefit of all stakeholders—customers, employees, suppliers, communities and shareholders.” Ric Edelman, chairman and co-founder of Edelman Financial … Read more