Made of Straw

Worstall on: Will Straw’s weird, weird logic

If being mission driven rather than profit driven leads to greater profits being made then those companies which are mission driven will out compete those which are profit driven. If concern for stakeholders increases profits then similarly. If higher wages for the workers, care for the environment, better pensions, cuddly care or iced buns for tea on Thursdays increase profits then profit maximising businesses will do such things.