Mike Marin

Individualism is Bad for Business

According to the likes of Mitt Romney, the individual’s relentless pursuit of profit – the organizing principle of the capitalist economy – is as relevant today as it was when Adam Smith published the Wealth of Nations in 1776. Individualism, say its adherents, has always been, and continues to be, the best engine of collective prosperity. (Read more)

The Financial Crisis of Shareholder Primacy

Unfortunately, most official accounts of the crisis, and how to avoid the next one, have missed the mark. They have overlooked the fundamental problem: a corporate governance model of financial institutions that the puts the private interest ahead of the public interest. (Read more)