PBS News Hour

Why CEOs are saying they need to be more socially minded now

For decades, the driving goal for corporate America has been maximizing stockholders' profits. So what made nearly 200 of the country's most prominent companies issue a joint statement this week, representing a major philosophical shift? John Yang talks to Steven Pearlstein of The Washington Post and author of "Can American Capitalism Survive?"

Why CEOs are saying they need to be more socially minded now

7m 22s

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