A Cure for the Ailing Financial Industry

Our financial system is beset by a whole host of chronic illnesses, chief among them: gluttony, amorality, and opacity. Band-aids won’t mend it; the patient requires immediate surgery. Unfortunately, we can’t apply the scalpel until we X-ray these ailing...

Mother Nature Doesn’t Do Bailouts

“Mother Nature doesn’t do bailouts.” -Glenn Prickett, senior vice president at Conservation International. Thomas Friedman began a recent New York Times column by quoting from a brilliantly insightful fake 2005 story from the Onion. The article cited...

Context in a Time of Panic

The Economist recently reported that from the early 1980’s to the peak last year, the financial services industry’s share of total American corporate profits rose from 10% to 40%. In other words, 40 cents out of every dollar earned by every company in the...

My Tribe

A few nights ago, I reunited with a tribe that has shaped much of my life over the past 25 years. A tribe committed to making the world a better place through community and commitment, joy and love, passion and possibility, business and politics. At the center of the...

PepsiCo’s Pepsi Challenge

In a February article in Fortune, reporter Betsy Morris sang the praises of Indra Nooyi, PepsiCo’s sophomore CEO. The piece described PepsiCo’s new motto under Nooyi, “Performance with Purpose,” which strives to balance “the profit motive...

Strange Bedfellows?

Why Seventh Generation is Doing Business with Walmart’s Marketside Stores I’ve sometimes said that hell would freeze over before Seventh Generation would ever do business with Walmart. In fact, at times I’ve made even more strongly worded statements. Now I’ve...

World Economic Forum

It’s a two-hour drive from Beijing to Tianjin, which is hosting the World Economic Forum. Otherwise known as the “Summer Davos,” the Forum’s stated purpose is to improve the state of the world. I’m here to find out what that means, how it’s supposed to happen, and...

The Other Georgia

Last week, it was reported that the Bush administration will send $1 billion to aid Georgia, the Eastern European nation that revolted against Russia. I couldn’t help but think of the other Georgia, the southeastern state and one of the original Thirteen...