Graffiti on a wall showing a heart in preference to a dollar sign.
Image: Jon Tyson / Unsplash

In a year filled with low points, last month marked an inauspicious anniversary: 50 years since Milton Friedman’s essay The Social Responsibility of Business Is to Increase Its Profits. Friedman’s doctrine catalysed the shift towards today’s shareholder-centric capitalism — an economic system that many blame for the ills of 2020, from our flawed pandemic response to the climate crisis and racial inequality.

The events of this year have underlined the message that our economies are failing to ensure that everyone has the essentials they need, while simultaneously failing to respect ecological boundaries. From Microsoft and Nike to Greenpeace and the…

Anna Fielding

I’m Senior Associate at Cohere Partners, where I lead our work to transform business into a powerful force for good.

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