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Professor of Economics
Over the last few decades, one story about business as a force for good has prevailed. According to this narrative, business’ sole purpose is to serve society as the engine for economic growth. With hundreds of millions of people across the developing world lifted out of poverty and dramatic improvements in living standards, child mortality rates, and health care, one could argue that there is no need to question this interpretation of business. Yet the existence of immense challenges such as environmental challenges, cybersecurity threats, economic strain, and geopolitical tensions as well as the growing erosion of trust in business, suggests the contrary.