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Greed is Not Good – Here’s Why

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CEOs and company boards have a duty to maximize shareholder profits. Pulitzer Prize-winning Washington Post columnist Steven Pearlstein joins us to talk about how this mission has widened the American wealth gap – and about how a return to one of Adam Smith’s key principles could be the solution. His new book is called “Can American Capitalism Survive?: Why Greed is not Good, Opportunity is not Equal, and Fairness Won’t Make Us Poor” (St. Martin’s Press).