Recode Decode: "The Enlightened Capitalists" author James O'Toole.

Decoder with Nilay Patel

Vox Media Podcast Network

Technology, Business

4.3 • 3.2K Ratings

🗓️ 4 September 2019

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

James O'Toole, a professor emeritus at the University of Southern California, talks with Recode's Kara Swisher about his book, The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good. O'Toole discusses the first such "enlightened capitalist," British industrialist Robert Owen; why, like Owen, do-gooder CEOs can't or won't make change today; and the history of the belief that corporations only exist to serve the shareholder. He also talks about how Whole Foods co-founder John Mackey's battle with values-adverse shareholders forced him to sell the company Amazon, and why a growing number of small companies are writing their ethical values into legally binding paperwork. Featuring: James O'Toole, professor emeritus at USC Host: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: Subscribe for free to Pivot, Kara’s podcast with NYU Professor Scott Galloway that offer sharp, unfiltered insights into the biggest stories in tech, business, and politics. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Support for this podcast comes from Slack.
0:03.6	You have to get your work done.
0:05.0	But what if you and your team could do it better?
0:07.9	Slack is a productivity platform
0:09.5	that connects all your team members together instantly.
0:12.5	It's built to help your team with a host of features
0:15.0	like huddles for quick check-ins and clips
0:17.2	for recording and sharing video.
0:18.9	Slack also makes it easy to search
0:20.8	and find the right information you need.
0:22.8	You can even integrate the apps you use
0:24.5	in your normal workflow, like your calendar
0:26.7	or product management tools.
0:28.5	So you stay focused on the work that matters and get more done.
0:31.8	Learn more at slack.com slash productivity.
0:37.9	Hi, I'm Cara Swisher, Editor-at-large of Recode.
0:40.2	You may know me as someone who wants to give back to the world,
0:42.6	but I also want to buy the new iPhone,
0:44.5	which is typical of tech people.
0:46.0	But in my spare time, I talk tech
0:47.5	and you're listening to Recode Decode
0:49.0	from the Box Media Podcast Network.
	...

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