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 gre ...
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S4.E6: Beyond Belief |How AI is Reshaping Religion
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In the final episode of the fourth season of the What Does It Profit? Podcast, Dr. Dawn explores the impacts of artificial intelligence on religion . Dr. Dawn speaks to Josh Franklin, a rabbi at the Jewish Center of the Hamptons in New York, who used the chatbot ChatGPT to help write one of his sermons. Rabbi Franklin tells us his thoughts on how h…
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S4.E5: Express Lane | AI's Journey to Better Transportation?
10:58
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On this episode of the What Does It Profit? podcast, hitch a ride along with Dr. Dawn as she explores the potential impacts of artificial intelligence on public transportation in the U.S. In this episode, we hear first from Bill Domanico, a retired New York Metropolitan Transportation Authority (MTA) driver, who talks about the ways technology chan…
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Thanksgiving Blend: Brewing Change at Starbucks | BONUS
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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 effor…
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S4.E4: POTUS IRL| Public Trust and AI Priorities
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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 give…
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S4.E3: Hard Hats to Hard Drives | How AI is Revolutionizing Construction
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In this episode, Dr. Dawn examines the newest addition to the construction industry’s toolbox: AI technology. In this episode, we learn that AI is like a double-edged sword: While AI technology certainly threatens jobs in the construction industry, it’s also ushering in a new era of efficiency and safety. We begin this episode in conversation with …
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S4.E2: Entertaining AI: Disrupting the Creative World
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In this episode, Dr. Dawn heads straight into the scene of the action, Paramount Studios in Hollywood, where writers and actors are fighting an existential battle that stems in large part from AI. We look beyond the glitzy Hollywood sets to learn more about how AI threatens the livelihoods of creatives in an industry where most struggle to even mak…
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S4.E1: California Dreaming | AI in the Heart of San Francisco
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Welcome to Season 4. In this kick-off episode, we travel with Dr. Dawn to the hometown of tech, San Francisco. We start the season this way because we feel that it's important to start in the real world before we venture into the virtual one. Dr. Dawn shares her observations of fear, hope, and heart. Special thanks in this episode to the Faithful F…
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S4 Trailer | AI and the World of Work and Wealth
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Welcome to Season 4 of What Does It Profit. In this season, we're bringing you six stories about the hottest topic on the planet-- artificial intelligence (AI). Wanting to see firsthand what all the hype is about, Dr. Dawn packs up the WDIP production team and heads to Silicon Valley. In Season 4, we connect the dots between AI and the social and m…
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We've reached WDIP Summer School 2023. Our final lesson might seem a bit technical, but attention to this detail can make all the difference to the success of a social purpose enterprise. In class today, we learn that how a business is incorporated has a real impact on how a business venture can manage a social mission. Benefit Corporations provide…
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Welcome to WDIP Summer School. It’s not summer school for those who have failed. It’s summer school for those who want to catch up, and for those who want to get ahead. Every two weeks throughout the summer, we’ll look back on lessons learned from Season 3 which was all about making change… right where you are. In class today, we explain the circul…
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Welcome to WDIP Summer School. It’s not summer school for those who have failed. It’s summer school for those who want to catch up, and for those who want to get ahead. Every two weeks throughout the summer, we’ll look back on lessons learned from Season 3 which was all about making change… right where you are. In class today, we explain modern chi…
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WDIP | Summer School: Greenwashing & Social Washing
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Welcome to WDIP Summer School. It’s not summer school for those who have failed. It’s summer school for those who want to catch up, and for those who want to get ahead. Every two weeks throughout the summer, we’ll look back on lessons learned from Season 3 which was all about making change right where you are. In class today, we explain “Greenwashi…
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Welcome to WDIP Summer School. It’s not summer school for those who have failed. It’s summer school for those who want to catch up, and for those who want to get ahead. Every two weeks throughout the summer, we’ll look back on lessons learned from Season 3 which was all about making change right where you are. In class today, we explain the ESOP– t…
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Fair Ball: A Living Wage for Minor League Baseball
19:10
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In this episode, Dr. Dawn wraps up Season 3 by sliding into home plate. She takes us on a journey inside professional baseball. We hear the incredible story of how an inspiring group of athletes, allied with social justice advocates, finally took a stand to demand that the work of minor league baseball players was worth a living wage. Remarkably, a…
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Industrial Roots: Designing a Circular Economy and Creating Homespun Wealth
17:12
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In this episode, Dr. Dawn takes us on a trip to find her roots in rural North Carolina. She is the granddaughter of an orphan who worked in the NC textile mills in the 1940s. Without much to go on, Dr. Dawn leans on insights from James Benton, author of Fraying Fabric, and Jimmy Warlick, historian and documentarian of the Workers’ Legacy Project to…
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Solar Holler: Mining the Sun in West Virginia
21:18
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In this episode, we are headed to West Virginia to flip the script on what we know about the energy business in the heart of coal country. We introduce you to a new type of energy and a new type of business. Meet Solar Holler, the “benefit corporation” that addresses some of the toughest economic issues in West Virginia. Joseph “Joe” and Elizabeth …
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Dangerous Business: The Human Cost of the Meat We Eat
19:14
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In this episode, we head to Crete, Nebraska, America's heartland, in our quest to gain insight into the human cost of the meat we eat. We tell the extraordinary story of the "Children of Smithfield," the adult children of meatpacking workers at Smithfield Foods who stood up to Big Meat, the governor, and others in positions of power and authority t…
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Brewing Change: Labor Organizing at Starbucks
23:03
23:03
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In this episode, we tell an almost surreal story. It is the origin story of “union busting” at Starbucks, one of the country’s best-known progressive and socially-conscious companies, and the highest ranking food service company on the list of Fortune’s Most Admired Companies. Our host Dr. Dawn Carpenter, a Starbucks shareholder, is encouraged by a…
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Recovery Hardware: Retooling the Human Spirit
24:47
24:47
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In our Season 3 kickoff, we celebrate the resiliency of the human spirit. We step into the psyche of Gina Schaefer, the founder and CEO of A Few Cool Hardware Stores in-and-around Washington, DC. Gina combined her entrepreneurial spirit and love of community into a space for people recovering from substance use disorder to rebuild their lives. One …
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To the loyal WDIP tribe, welcome back! We've missed you. Thanks for your patience as we re-vamped the show. We hope you like the changes. For those who are just finding us, thanks for giving us a listen. We're the podcast for those who think that there is a social and moral value in economic life. We believe in the power of the human spirit. Ultima…
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SPECIAL EDITION | Whistling At the Fake: The Value of Truth in Science
35:54
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In this episode, Dr. Dawn is in conversation with Dr. Elisabeth Bik and Dr. Ivan Oransky. Dr. Elisabeth Bik is a microbiologist and scientific integrity consultant who has worked to call out fraudulent scientific papers. She became renowned in her fight against the bad science behind hydroxychloroquine as an effective therapy against COVID-19 that …
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Off-Season | Meme Stocks vs. Short-Selling for Good-- Revisited
28:14
28:14
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As we head into the 4th of July holiday weekend, we dig into the WDIP back catalog to revisit a conversation from October 2020 with The Assassin, famed short-seller Fahmi Quadir. Now that meme stocks are a thing and short-selling and hedge funds have made their way into social media lexicon, we thought it was time to take another listen. We'll be b…
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Off-Season | Finance Justice: Promoting Lives of Greater Economic Success
17:47
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In this off-season episode, we dig into the WDIP back catalog to revisit a conversation with Opportunity Finance Network (OFN) CEO, Lisa Mensah where we talked about the idea of "finance justice." The original conversation was released in December 2020. The work keeps pressing forward as OFN seeks to build coalitions of investors that believe that …
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Off-Season | About WDIP and Dr. Dawn w/Uncertain Things
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This weekend is Memorial Day weekend-- the unofficial start of summer... at last! At What Does It Profit, we are officially in the "Off-Season" and busy cleaning house, tuning up, and otherwise getting ready for Season 3. During the off-season, we wanted you to get to know more about our host and the ethics work behind the show. We also want to int…
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We’ve reached the end of our second season. This is the time when we take a pause and look back. In today’s episode, it means looking back to our pilot episode about shareholder activism and our Season 1 bonus episode called The Price of the Ecuadorian Chernobyl. This is the story of Chevron and the decades of oil dumping in the Ecuadorian Amazon. …
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We’ve reached the last regular episode of Season 2. Hold on to your passport. We’re still travelling. We start in New York and then head to India with Megha Desai. Megha is the former ad agency protégé, who after a decade in the business, answered the call of the ancient Indian philosophy of Dharma. She has energized a newly transformed family foun…
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A New Soul for the Global Economy - The Economy of Francesco
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Despite being in the midst of a global pandemic, we’re going to take a trip around the world. We're talking about the Economy of Francesco (EoF) with Paulo Santori, an economic historian in Rome and with Myrian Castello, a “human-right-to-dream” activist and facilitator in Brazil. EoF is a global youth movement inspired by Pope Francis and Saint Fr…
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Time: The Most Valuable Commodity (Roberta MacDonald)
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This week we stay in the co-op space a little longer and get a two-for-one. As an homage to Women’s History Month, we talk with one of the most celebrated marketer of co-ops-- and one of less than a handful of women responsible for driving the development of the Vietnam Veteran’s Memorial in Washington, DC. We talk with Roberta MacDonald, Senior Vi…
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Shared Economic Benefits: Intro to Co-ops (Casey Fannon)
21:15
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This week, we’re going to switch things up a bit. We are going to talk about the idea of inclusion, but from a slightly different perspective. We are going to learn all about economic structure called a co-op. Sure you likely have heard of housing co-ops, maybe even grocery co-ops… but do you know just how common they are? Let’s talk co-ops with Ca…
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Diversity as a Superpower in Business (Logan Scott)
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This week, we talk with Logan Scott, Manager for Diversity and Inclusion at The Walt Disney Company. Logan's work during Black History Month on the New York Times' 1619 Project inspired us. Logan talks about superheroes, diversity, equity, inclusion, and what it all means for business.By Dr. Dawn Carpenter
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This week, we take storytelling to a whole new level. We learn that each of us is a “superhero” at something. We talk to the man whose Instagram feed has selfies with the Hollywood Superhero A-LIST. In some ways, we think of our guest today as a kind of superhero himself, building community where it's needed. Today, we talk with the legendary Gareb…
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Corporate Democracy from the Inside Out (James McRitchie)
29:21
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The winds of change are blowing in corporate governance. Where will they take us? Time will tell. This week we have a shareholder perspective from a man whose name is well-known in the investor relations offices of many of the most well-known corporations in America. We like to call him a dean of the Shareholder Rights Movement, others like to call…
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Business Roundtable: Re-conceptualizing the Corporation? (Jessica DiNapoli)
18:08
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In 2020, JP Morgan CEO, Jamie Dimon’s tenure at the helm of the Business Roundtable expired. But what about this whole new way of doing business? In 2021, shareholder activists put the stakeholder governance paradigm to the test, and JP Morgan said, no. The whole issue got us thinking. It’s time for an update on this new vision for a stakeholder ap…
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Transcending Robinhood: Finance for Good? (JC de Swaan)
26:45
26:45
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In this episode, we're not talking about bulls or bears. We're talking about the big, fat elephant in the room. The finance industry is ethically-conflicted. We talk with JC de Swaan, hedge fund investor and Princeton finance ethicist, about Robinhood, Wirecard and a few other notable companies-- as a way to frame how to do finance better. The hope…
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Democratizing Asset Management (U.S. Rep. Andy Levin)
30:51
30:51
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In this episode, we explore the idea that everyone who has retirement assets should have the ability to know where their money is invested and how it has an impact in the world. With knowledge comes power-- the power to make sound economic and moral decisions. Our guest is Congressman Andy Levin, Vice Chair of the House Education and Labor Committe…
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In this episode, we’re going to a difficult place. How do we as a society express-- or dare we say-- determine the value of a human life? The question itself forces us to make an important distinction between economic value and moral value. And to help us sort through this, we couldn’t think of anyone better than the Special Master of the 9/11 Vict…
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Los Muchachos: Ride or Die (Jorge Valdes)
1:05:30
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We start our second season with one of the most notorious narco money men in US history, Jorge Valdes. We hear the story of how a 10-year old Cuban refugee becomes the youngest person to work at the Federal Reserve Bank in Miami and who then goes on in the '70s and '80s to run the international operations of the Medellin drug cartel. Jorge is one o…
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Season 1 Bonus Episode: The Price of the Ecuadorian Chernobyl
27:11
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In this special bonus episode, we revisit an issue we explored in the first episode of the season and talk with Nobel Peace Laureate Jody Williams about her work to engage with Chevron at its 2020 annual shareholder meeting, using her activist shareholder voice to urge for Chevron shareholders to be able to call special meetings to discuss signific…
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Welcome to those who have just found us... and welcome back to our loyal WDIP listeners. This three minute trailer takes a tour through some of what we learned in Season 1 on our quest to explore the moral and social value of business. Season 2 promises introductions to voices you might never imagine on a business show. Think of it as Business Talk…
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In this episode, we rewind the clock to pre-COVID days and take an "audio" vacation to the Amalfi Coast of Italy. We talk with culinary entrepreneur Chiara Lima of the famed Mamma Agata Cooking School in Ravello. Family businesses can be found all over the world, and here in Italy the "happy hands" of the entire family are involved. Buon Natale... …
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In this episode, we talk with CSR and sustainability legend, John Elkington. John takes us beyond his "people, planet, and profit" to the "U-bend" and on to the green swans that bring us regenerative capitalism. John is one of the world's leading futurists and is here with us to share his hopeful vision for the future.…
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Finance Justice & Finance First Responders
30:23
30:23
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In this episode, we talk with Lisa Mensah, President and CEO of the Opportunity Finance Network about "finance justice." We talk about how the struggle for justice in our country has much to do with money. We talk about the work of CDFIs (Community Develop Financial Institutions) and the role that they play in fostering economic justice in some of …
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In this episode, we talk with Cat Berman, CEO and co-founder of CNote, a specialty investment firm that seeks to turn idle savings into resources for change. Cat left her role at Charles Schwab to use her finance and investment skills to bring high-quality financial products to underserved markets. Cat discusses the transformative power of finance …
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In this episode, we talk with former BlackRock executive, Morris Pearl, about his crusade to enlist his fellow millionaires to support the idea that even the rich see it in their interest to pay more taxes. Capitalist to the core, Pearl warns critics not to conflate paying taxes and civic duty with the naughty scare-word: socialism.…
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Corporate Mismanagement: Bad Apples, Barrels, and Orchards
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In this episode, we talk with business ethicist Kirk O. Hanson about corporate misbehavior. He and co-author Marc Epstein posit a theory that not only are there bad apples, but there are also bad barrels-- and some industries are just ripe with bad orchards. In their book, Rotten: Why Corporate Misconduct Continues and What to Do about It, they tel…
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Whistleblowers: Forward Indicators of Risk
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In this episode, we talk with one of the world’s leading lawyers for whistleblowers, Mary Inman of Constantine Cannon. Mary tells us the story behind the famous whistleblowers at Theranos and Boeing and offers insight on the often-heroic sacrifices of those who see it as their duty to the common good to stand up for better behavior in business. Mar…
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In this episode, we talk with UCLA corporate law historian Adam Winkler about that other civil rights movement-- the corporate civil rights movement. Its seems like an apt conversation to have on a business show amidst these dynamic times and this generation's civil rights movement. Move over Pete Seeger, Beyonce, and Z-Ro and make room for Roy Zim…
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In this episode, our guests talk corporate politics—but not the back-biting, ladder-climbing politics kind. We talk with Dan Ekstein, a leading corporate political strategist and muse about Levi's and Patagonia's call to political action. We also talk with Gabe Rissman, co-Founder of yourstake.org—a data management company that works with investmen…
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In this episode, we talk with Fahmi Quadir, known as the assassin of Wall Street to some, but a hero to us. Fahmi is one of the world's leading short-selling hedge fund managers who looks to use a short investing strategy to achieve alpha... and to focus the world on companies whose demise makes the world a better place. In our conversation, we hea…
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Corporate Consciousness & the Healing Power of Business
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In this episode, we talk with the Father of the Conscious Capitalism Movement, Raj Sisodia. We explore the idea that business has the capacity to be the engine for tremendous positive change on both a personal and societal level. He also reminds us that business, if not practiced in a conscious way, can also be the source of marginalization and exp…
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