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Bill George's Capitalism Speech on Outsourcing in Business

 - Aug 26, 2013
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Speaker Bill George talks about his personal views in this interesting capitalism speech. George explains that he is a believer in capitalism, and has no problem with outsourcing jobs. In fact, the idea of working with experts from all over the world excites him.

George admires companies that find skilled people from other countries. He doesn't believe in criticizing these kinds of actions in business. He discusses the idea of compassionate capitalism. George says that corporations can improve rough situations in other countries, such as poverty or economic self-sufficiency, through outsourcing.

George states that compassionate capitalism must include fairness, decency, transparency and honesty. However, George does acknowledge that capitalism can cause harm under certain circumstances. According to George, this creates the need for authentic business leaders, rather than people who are only motivated by money.