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The Power of Karmic Capital.


I’ll admit it. I’m a “karmic capitalist.” I believe what goes around, typically, comes around in life and business. The only question is how long it takes. This concept is now in vogue. “Conscious capitalism” has emerged.

In fact, last summer, we saw chief executives from the Business Roundtable proclaim that shareholder value is no longer the exclusive goal of global companies. Talk about mind shifts that can change the world!

For those of you who want to believe there’s some wise logic in doing well by doing good, you might enjoy this 3-minute story from two decades ago that I offered a Stanford class last year.

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