KWR: Crony Capitalism, Tragedy of the Commons, Sports Symposium, Competition is Good, Pixar


Kaizen Weekly Review highlights activities of The Center for Ethics and Entrepreneurship and recent business ethics and entrepreneurship news.

Editor: Virginia Murr

Blasting Crony Capitalism
University of Chicago professor Luigi Zingales recently gave a lecture sponsored by the Pope Foundation in which he highlighted the arguments from his new book, A Capitalism for the People: Recapturing the Lost Genius of American Prosperity. According to Zingales, “The goal should not be to kill the free-market system, but to kill the crony component of the free-market system.” Read more.

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The Tragedy of the Commons
In his latest Business Ethics series release, Stephen Hicks examines the classic tragedy of the commons. The video-lecture includes a comparison and contrast between the free market and socialist solutions to the tragedy. For more cases in the series, click here.

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Radio Review of Fantasy and Fandom
The Sports Ethicist sat down with Chad Carlson, John Harney, Trisha Phillips, Aaron Harper, Andrew Koehl, Carl Robinson, and Mike Perry on Rockford University Radio to discuss the themes of the April 19th Sports Symposium dedicated to Fantasy and Fandom. Listen to or download the show.

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Competition is Good for You
According to Stanford’s Bill Barnett, your strategy professor was wrong. Competition is not bad for your company. On the contrary, competition can be the key to your company’s success. In this article, Barnett explains the many benefits to competition and why many business schools get it wrong.

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Lessons from Pixar
In this interview (pdf) with The McKinsey Quarterly, Pixar’s Academy-Award-winning director Brad Bird explains how Pixar’s management philosophy and dedication to innovation helped them to grow from a small computer-animation studio to a multi-billion dollar company.

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Join Us in Our Mission
In our mission, we give special focus to the ethical infrastructure of an entrepreneurial society, as we believe that this is necessary to human flourishing. Please join us by making a donation today through the PayPal link or you can find information on snail-mail at our website.

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See you next week!

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