Survey Smarter

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Last updated on: May 22, 2022

Should Businesses Put Purpose Before Profit?

by Jake Burgess

There is a growing movement that says businesses—and in particular major corporations and unicorns—should be taking their social responsibility more seriously. They should be supporting employees and communities, protecting the environment, and fueling the local economy. In fact, the argument is that these should be the biggest priorities for businesses—ahead of profit. This idea doesn’t sit well with everyone. “Without profit, the company dies! People starve!” But the discussion is about putting purpose before profit—not in place of it. So…

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