What Business School is Missing

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The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 27 July 2025

⏱️ 16 minutes

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Summary

So, what is the role of business? Motley Fool contributor Rich Lumelleau and Motley Fool analyst Dave Meier talk with Andy Hoffman, Professor at University of Michigan’s Ross School of Business and School of Sustainability. He’s the author of 14 books, including this most recent, Business School and the Noble Purpose of the Market. The conversation covers a motley array of topics: Business and Sustainability Business School ESG Funds Heresy to Dogma Sectors to Watch Host: Rich Lumelleau, Dave Meir Producer: Mac Greer Engineer: Dan Boyd, Natasha Hall Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. Learn more about your ad choices. Visit ⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	We are now altering systems of the Earth.
0:04.0	These aren't environmental issues. These are systems breakdowns.
0:07.0	To fix the system to break down, you have to fix the system that's causing it.
0:10.0	That's capitalism. That's the market.
0:13.0	And so I am arguing that we need to start to rethink some of the tenets of the market.
0:18.0	I'm not arguing for socialism.
0:20.0	Don't worry.
0:21.6	But I'm arguing that my sphere of influence is business education.
0:26.6	And so we need to teach business students to be stewards of the market,
0:30.6	to recognize this is how the market works.
0:32.6	This is what it does.
0:34.6	This is where it may not work quite so well.
0:36.6	And this is how you can play a role in getting it in the right direction.
0:45.9	That was Andy Hoffman, Professor at University of Michigan's Ross School of Business and School of Sustainability.
0:52.9	He's the author of 14 books, including his most recent
0:56.4	Business School and the Noble Purpose of the Market. Now recently, Motleyful contributor, Rich
1:03.1	Lumello and Motleyful analyst Dave Meyer talked with Hoffman about sustainability and business.
1:09.9	Rich kicked things off by asking Hoffman about his background.
1:19.1	Obviously, there's a lot of ground to cover here, but I thought what we do is open things up,
1:23.0	maybe give us a little bit on your background, including your career path and, you know,
1:26.9	kind of how that led to this focus your career path and, you know, kind of how that
1:27.5	led to this focus on sustainability and, you know, and then obviously how it impacts the business
	...

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