Bono on Capitalism

Capitalism is not immoral, but it is amoral. It gets its instructions from us. It’s an indiscriminate engine, and our obligation is to see that it provides forward movement to everyone, not just to those whose hands are on the levers of the machine.

Bono (source)

I think people get falsely infatuated with tax designation, as if being a charity or a for profit makes something more or less noble.

Instead of caring about whether something is for-profit or not-for-profit, perhaps we should care more about what they are doing with the resources and influences they have?






3 responses to “Bono on Capitalism”

  1. Douglas Koch Avatar
    Douglas Koch

    When capitalism is evaluated by a track record it would seem that they are losing employees to socialism both out of country and gradually in country. A fundamental tenant of capitalism is competition. They are losing.

    1. Adam McLane Avatar

      @doug – Can you unpack that a little? I’m not following.

  2. doug patten Avatar

    (different Doug here) Thanks, Adam. Concise and clear. It clearly matters more what you do with what you have been given than whether your org pays taxes on it or not.
    Ran across this story about upstart startups in Kenya:

Leave a Reply