Article Series: Time to Talk About the Public Interest

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Article Series: Time to Talk About the Public Interest

The term "public interest" is mentioned 316 times in the enabling legislation that created the Securities and Exchange Commission, yet current discussions of materiality, integrated reporting, "multiple capitals", corporate social responsibility, responsible investing, and sustainability rarely mention it. That's a shame, because until the mid-part of the 20th century, the idea of civic virtue was present in discussions of corporate and investor behavior. It's time to restore that sense of "integrity", and engage in a serious and sustained conversation about “the public interest” capital markets profess to support. In doing that, we'll be recouping centuries of wisdom about civic virtue and economic activity, which has practical significance for our time. This series, "Time to Talk About the Public Interest", aims to do that.

Content from this campaign

Let’s Bend the Arc of Money and Power Toward Justice
Sixth in a Series: Time to Talk About the Public Interest The TakeAway: The 50th ...
Sep 3, 2013 11:50 AM ET
Trustees Are Not Thermometers
#5 in "Time to Talk About the Public Interest" The TakeAway: In the United States...
Aug 27, 2013 11:15 AM ET
Civic Virtue as the Animating Ideal
Time to Talk About the Public Interest The TakeAway: Despite the great strides made toward incorporating environmental, social, and governance (ESG) considerations into economic decision making, these ideas are untethered from a moral paradigm or ethos or set of big ideas that can help us internalize a vision to help inspire, guide, and...
Aug 23, 2013 11:40 AM ET
Back to the Future: Apocalypse Now
Third in a Series: Time to Talk About the Public Interest The TakeAway: In a society saturated with market values, we need to recoup the idea of civic virtue, and the civic moral obligations of wealth. This has...
Aug 20, 2013 11:30 AM ET
Loose Canons and Apocalypse Now
Second in a Series: Time to Talk About the Public Interest The TakeAway: This essay posits that the idea of fiduciary duty, with its legal and economic...
Aug 16, 2013 10:45 AM ET

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