BHS and Tata Steel – extractive capitalism vs stewardship

Stewardship or extractive capitalism? The contrast between the two models is perfectly illustrated by recent events at BHS and Tata Steel, says Mark Goyder of Tomorrow’s Company

 

On the same day that we read about the demise of BHS and Sir Philip Green defending his decision to sell to a former bankrupt, we learn that Tata Steel are rethinking their plan to sell the Port Talbot steel plant because none of the potential buyers would guarantee keeping it open more than three years.

 

These are two views of the company – we need to promote one and undermine the other…

 

Read the full blog post here