How corporate zillionaires could prove Bernie Sanders and Elizabeth Warren wrong

A three-step plan to show you care about more than your own wallets

Bernie Sanders and Elizabeth Warren.
(Image credit: Illustrated | Sean Rayford/Getty Images, Alex Wong/Getty Images, maystra/iStock, song_mi/iStock)

America's top business titans apparently discovered a conscience over the weekend! The Business Roundtable — a big association of CEOs including Jeff Bezos, Tim Cook, Brian Monyihan, Jamie Dimon, and many others — announced on Monday that they were rolling back the shareholder value revolution. No longer will a company's share price be the number one business priority, they said. Instead workers, suppliers, customers, and the environment are going to share pride of place at the top.

Capitalism haters like the notorious socialist Larry Summers were skeptical. "I worry the Roundtable's rhetorical embrace of stakeholders is in part a strategy for holding off necessary tax and regulatory reform," he told the Financial Times.

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Ryan Cooper

Ryan Cooper is a national correspondent at TheWeek.com. His work has appeared in the Washington Monthly, The New Republic, and the Washington Post.