What Does It Profit Podcast

Dr. Dawn Carpenter
What Does It Profit Podcast

What does it profit a man to gain the whole world and lose his soul? Spoiler alert: Nothing. This bible verse has endured over the centuries as a reminder that we can't put our price tag on what matters most. Yet, time and again, businesses have put profits above all -- leading our world to the brink of a climate catastrophe, an inequality crisis, and the greatest extinction of other creatures since the dinosaurs (except this time, the meteor is us). Can we align growing returns with the greater good? Former investment banker turned business ethicist Dr. Dawn Carpenter believes we can -- and that figuring out how just might save the world. In What Does It Profit, Dawn talks with the world's leading thinkers and researchers, entrepreneurs and executives, exploring the most innovative ways we can reconcile capitalism's demand for profit with the long term well-being of people and the planet. From socially responsible investing to conscious consumerism to business ethics in this age of extremes, Dawn is your guide to the cutting-edge ideas and experiments driving the purpose-driven business revolution. What Does It Profit?

  1. 11/22/2023 · BONUS

    Thanksgiving Blend: Brewing Change at Starbucks | BONUS

    This Thanksgiving week on the What Does It Profit? podcast we’re taking a break from this season’s AI theme to extend some thank you-s. Listen in for a re-air of our award-winning Season 3 episode, “Brewing Change: Labor Organizing at Starbucks.”   Loyal listeners know that in this episode we left off with the story of the triumph of unionizing efforts in Buffalo, New York, which is where Starbucks Workers United got started. We also left off anticipating the annual shareholder meeting where concerned shareholders were seeking an independent analysis of the company’s labor practices. Then just two weeks later, we were anticipating a U.S. Senate hearing to call to task the ex-CEO Howard Shultz for the company’s alleged labor law violations.   Eight months later, this story isn’t over. Since the original release of this episode, the Starbucks labor campaign has gained strength. Now, over 360 Starbucks locations have voted for a union and Starbucks Workers United claims over 9,000 union partners. But, even still, there is no contract. But that’s not stopping the baristas. As of last Friday, we saw the Red Cup Rebellion -- a strike on the company’s biggest sales event of the season.   So now, we want to say thank you to all those brave baristas who have inspired striking workers from a variety of industries this year.    We also want to thank those concerned investors who value the socially-conscious Starbucks brand.   And we want to thank those in the U.S. Senate working on labor policy oversight and for holding corporations accountable.     Should listeners want to engage, you can (1) offer your support for the Starbucks Worker United campaign, and/or (2) join the Twitter (X) support network using #NoContractNoCoffee, #StarbucksSolidarity, #WorkersUnited, and #wdip.”   WDIP is powered by the Solidarity Economy Workshop at Georgetown University. Engage with us on LinkedIn. We'd love to get to know you. Thanks for listening!

    23 min
  2. 11/08/2023

    POTUS IRL: Public Trust and AI Priorities

    In this unexpected mini-episode, Dr. Dawn pivots from our regular programming to reflect on President Biden’s sweeping executive order on AI. The executive order, passed on October 30, 2023, is the Biden Administration’s attempt to reconcile tech companies’ demand for profit and unchecked innovation while ensuring the public trust of Americans given the rapid rise of AI in just the past year.   To better understand the executive order, Dr. Dawn speaks to Ben Winters, the Electronic Privacy Information Center’s (EPIC) Senior Counsel, who also leads EPIC’s AI and Human Rights Project. Winters delves into the details of the executive order, ultimately reaching the conclusion that while the order is overall promising, its effectiveness depends on how well it will be enforced by individual government agencies.   Dr. Dawn then turns to former Congressman Jerry McNerney, who guided several congressional actions that brought to bear the rising importance of AI. With regard to Biden’s executive order, McNerney believes that the executive order’s emphasis on establishing standards on the use of AI will encourage good behavior in the tech industry. McNerney then discusses some of his work after leaving Congress, work which is primarily focused on understanding the challenges AI could pose in next year’s presidential election.    While the Biden Administration has begun to set precedents on AI regulation, the government alone cannot do all of this work. As you listen along to what this executive order means for the future, we encourage you to ask yourself: In the work we do, in the things we buy, in the investments we make, what does it profit?     WDIP is powered by the Solidarity Economy Workshop at Georgetown University. Engage with us on LinkedIn. We'd love to get to know you. Thanks for listening!

    13 min

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About

What does it profit a man to gain the whole world and lose his soul? Spoiler alert: Nothing. This bible verse has endured over the centuries as a reminder that we can't put our price tag on what matters most. Yet, time and again, businesses have put profits above all -- leading our world to the brink of a climate catastrophe, an inequality crisis, and the greatest extinction of other creatures since the dinosaurs (except this time, the meteor is us). Can we align growing returns with the greater good? Former investment banker turned business ethicist Dr. Dawn Carpenter believes we can -- and that figuring out how just might save the world. In What Does It Profit, Dawn talks with the world's leading thinkers and researchers, entrepreneurs and executives, exploring the most innovative ways we can reconcile capitalism's demand for profit with the long term well-being of people and the planet. From socially responsible investing to conscious consumerism to business ethics in this age of extremes, Dawn is your guide to the cutting-edge ideas and experiments driving the purpose-driven business revolution. What Does It Profit?

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