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The Guardian - US
The Guardian - US
Business
Adam Lowenstein

The savior CEO and the empty promise of ‘stakeholder capitalism’

Jamie Dimon
JP Morgan Chase’s CEO, Jamie Dimon, received $135m in compensation in 2019. Photograph: Drew Angerer/Getty Images

American CEOs are a self-assured bunch but it takes a certain level of hubris to conclude that your skills making money and climbing the corporate ladder also equip you to solve social and environmental challenges.

While promising to save the world is increasingly part of the chief executive’s job description, two timely new books make clear that this grandiose notion remains little more than a self-serving fantasy.

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