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Microsoft CEO Satya Nadella calls for a 'referendum on capitalism'

8 days ago   |   By Business Insider

Summary List Placement
Microsoft's CEO Satya Nadella thinks it's time to rethink the way capitalism works.
On Wednesday, he called for "referendum on capitalism," urging businesses to grade themselves on the wider economic benefits they bring to society, rather than just their profits.
Microsoft and others should measure their success by the jobs they create, the revenue they generate for their suppliers, and the money their employees spend elsewhere, he said.
"It's fair, in today in 2020, in the midst of this pandemic, to essentially have a referendum on capitalism," Nadella said at the...
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