Long ago Voltaire noted that the Holy Roman Empire, decaying into ruin in the middle of Europe, was neither Holy nor Roman, nor an Empire. Most of my generation ran across the line, if they did, in a Cawfee Tawk skit on Saturday Night Live in one of those rare (and now extinct) epochs of genuine SNL humor.
Both Voltaire’s broader insight (about high-flown mendacity, not the medieval relic) and the gals’ demand that we talk amongst ourselves about its implications drive today’s proposition: So-called “stakeholder capitalism” is neither pursued for the benefit of stakeholders nor is it any kind of capitalism at all.
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