- Breaking decades of fidelity to “shareholder capitalism,” the Business Roundtable declared corporations should serve their communities as well as their owners.
- Skeptics dismissed that as “virtue-signaling” to mollify the anti-business left. But what if the Roundtable signaled a broader turning point, toward reordering America’s relationship with the free market itself?
- Early 21st century discord points toward that possibility. “The Economists’ Hour,” a new book by New York Times journalist Binyamin Appelbaum, helps explain how we got here.