March 26, 2014
Andrew Abela, new dean of the new business school at the Catholic University of America, was recently interviewed by the Washington Post wonkblog and he sides with Harold Meyerson in the belief that corporations do not merely exist to increase shareholder profit. This is a good step by Abela who tends to be a little too fond of the market for my tastes, as I indicated in my review of his new Catechism for Business. I hope Abela will keep on walking towards those of us, like Meyerson, who see through the facade of laissez faire arguments to the "poisoned spring" whence they come. When you are walking towards Meyerson and away from Milton Friedman, you are on the right path.
