Seth Green is a pillar in the Loyola University community, and is the articulate director of social enterprise at the Loyola Baumhart Center for Social Enterprise. In our sustainability best practices series, Seth discusses the background behind social enterprise, and how sustainability plays into social entrepreneurship.
The Baumhart Center for Social Enterprise and Responsibility promotes social business in the service of a just, humane, and sustainable world.
Seth has a ton of data-backed arguments about how companies that embrace sustainability, equity and fairness in employment, and other aspects of social enterprise will outcompete their piers. One of his strongest arguments is the fact that the millennial generation really demand this from their workplace, and with such a tight employment market, those companies that deliver on these concepts will have better access to high quality labor.
Seth talks a lot about historical injustice, and how the size of the correct of a historical injustice needs to be more grand than the injustice itself. This concept can be applied to many aspects of our complex modern world, from education to developing nations and carbon emissions.
Seth also talks about the need for the corporate driven economy to be recreated or reimagined. The days that profit motives are the single driving force need to be changed, so we can as a society stop picking up the cost of externalities, like pollution, that modern day corporations do not pay for.
In the short run, one policy change that was discussed is the potential for a carbon tax, which would subtly add cost to carbon emitting sources. Since our current political landscape has created a huge budget deficit, this is one way we could correct that imbalance and help pollution (carbon) externalities from being unaddressed.
Seth is incredibly articulate, and this podcast is worth a listen, even if sustainability is not your bag. From education to employment, from sustainability to corporate goals, this particular conversation is highly diverse and interesting.