The resources these CEOs propose to spend in the pursuit of social good are not their own. Those resources are capital invested by shareholders; not by the growing category of “stakeholders” these modern CEOs seem so intent on pleasing.

Early progressives understood quite well that minimum wage laws cause job losses. They simply saw it as a social benefit, not a social ill. Those denied work by minimum wage laws could more easily be segregated, sterilized, and put in asylums, many reasoned.

The European Union’s General Data Protection Regulation has helped entrench big tech companies like Google and Facebook. 

The essence of any economy is built on the production and exchange of goods and services. And one of the most important and effective ways we know to achieve the fulfillment of people's wants and needs in any society is through the market process.