It’s time for a different compact between Business and Society
Recorded on February 23, 2019
On this episode of New Business Paradigms Rinaldo is focused on improving literacy in finance, politics, and climate change. The American economy appears to be booming, but this isn’t supported by a number of classic economic indicators and more importantly, consumers are beginning to feel consequences of tightening markets and an economy rife with inequality. Rinaldo explains this apparent paradox by analyzing Berkshire Hathaway’s annual shareholder letter and explaining the concept of a stock buyback. Then the show shifts focus towards a conversation about political ‘isms’ and so-called “social programs” in the United States. We go on to discuss the great potential of the “Green New Deal” and repercussions from the increasing rate of climate change. Amazon’s departure from New York in search of a new location for a second headquarters is also mentioned briefly.