Showing posts with label harmony of self interest. Show all posts
Showing posts with label harmony of self interest. Show all posts

Monday, December 13, 2010

The Proper Meaning of "Stakeholder"

Another excellent video clip posted on Ideas Matter---only Max Border's response to this clip was different than mine. He comments on how the excellent concept of "stakeholder" has been perverted into including special interest groups and rent seekers rather than remaining limited to those legitimately involved in private, voluntary economic transactions.

When I viewed this clip, my response was: what an excellent explanation of the harmony of self-interests which is the essence of free enterprise.



What's your response?