If you ever need some evidence of the power of capitalism to deliver social progress, the image in the link below gives some details on how far we have come in the last 100 years:
The majority of the points on that list (and the progress we have made since) can be attributed to for-profit firms competing on the basis of self-interest. That self-interest has been defined by stakeholders rewarding firms that meet expectations and punishing firms that do not.
Have a great weekend
David
David Chandler & Bill Werther
Instructor Teaching and Student Study Site: http://www.sagepub.com/chandler3e/
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: http://strategiccsr-sage.blogspot.com/