Efforts by American Apparel’s board to oust founder and CEO Dov Charney don’t impress columnist Gael O’Brien. It’s one thing to tolerate a philosophy that a sexually-charged workplace fosters creativity, she writes, but another to allow “the repugnant behavior of its leader, who sexualized the workplace as a stalking ground for employee relationships called consensual, disregarding disparity of age and power.”Full Story»
A senior professor of economics argues that the economics now being taught in university classrooms “makes it appear as though markets descended straight from heaven while maintaining a conspiracy of silence on the Achilles heals of free markets such as not paying sufficient attention to safety, not caring enough about the environment, and being indifferent to the welfare of future generations.”
A recent New York Times investigation exposed ongoing labor and human rights abuses of foreign migrant workers who built New York University’s new campus in Abu Dhabi. The practices were contrary to a code of conduct NYU had pledged in 2009 would protect workers. The crisis hit several days before the first commencement at the campus last week in Abu Dhabi.
In an excerpt from their new book, two senior McKinsey consultants argue that rather than facing a crisis because of natural resource scarcity, businesses confront an opportunity that will reframe the world’s economy and create opportunities for trillions of dollars in profits.
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