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Business Quote by Patricia Aburdene

“We've now become conscious of the uncalculated social, economic, and environmental costs of that kind of "unconscious" capitalism. And many are beginning to practice a form of "conscious capitalism," which involves integrity and higher standards, and in which companies are responsible not just to…” quote by Patricia Aburdene
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“We've now become conscious of the uncalculated social, economic, and environmental costs of that kind of "unconscious" capitalism. And many are beginning to practice a form of "conscious capitalism," which involves integrity and higher standards, and in which companies are responsible not just to shareholders, but also to employees, consumers, suppliers, and communities. Some call it "stakeholder capitalism."”

Patricia Aburdene

About This Quote

Source Speech: Business Ethics Forum, 2015

Conscious capitalism expands responsibility beyond profit to include all stakeholders, demanding integrity and higher standards.

In simple terms: Businesses should care for employees, customers, suppliers, and communities, not just shareholders.

Key Takeaway

Adopt stakeholder‑focused, practices.

Themes

ethics responsibility stakeholder business leadership

Mood

thoughtful inspirational

Type

advice philosophical

When to use this quote

  • corporate strategy
  • investment decisions
  • community engagement

Key Concepts

economics social impact sustainability

Questions to Reflect On

  • What stakeholders do you overlook?
  • How can you embed integrity?
A Different Perspective

Balancing profit with broader duties can be challenging.

3.9 out of 5 (6 ratings)

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