{"id":19850,"date":"2019-10-04T05:00:00","date_gmt":"2019-10-04T12:00:00","guid":{"rendered":"https:\/\/www.salesforce.com\/?p=19850"},"modified":"2020-09-18T00:35:37","modified_gmt":"2020-09-18T00:35:37","slug":"salesforces-marc-benioff-on-business-as-a-platform-for-change-and-the-need-for-a-new-kind-of-capitalism","status":"publish","type":"post","link":"https:\/\/www.salesforce.com\/news\/stories\/salesforces-marc-benioff-on-business-as-a-platform-for-change-and-the-need-for-a-new-kind-of-capitalism\/","title":{"rendered":"Salesforce\u2019s Marc Benioff on Business as a Platform for Change and the Need for a New Kind of Capitalism"},"content":{"rendered":"<p>Salesforce Chairman and co-CEO Marc Benioff is profiled in a new Associated Press<a href=\"https:\/\/www.apnews.com\/332a075a4cce4122a09955d1fdd41469\"> story<\/a>, titled \u201cCrusading tech mogul aims to prove CEOs can be activists too.\u201d AP journalists Michael Liedtke and Barbara Ortutay write that \u201cBenioff blames much of society\u2019s current troubles on CEOs who have been asleep at the wheel.\u201d The story delves into Benioff\u2019s notion of business as a platform for change and his social activism, taking stances on homelessness, LGBTQ discrimination, privacy laws in the technology industry, and more.<\/p><p>\u201cWe are at a point where CEOs recognize that they just can\u2019t be for their shareholders,\u201d Benioff said. \u201cThey have to be for all their stakeholders, whether it\u2019s for their schools, whether it\u2019s for the environment, whether it\u2019s for fundamental equality for every human being.\u201d<\/p><p>Benioff also spoke at the<a href=\"https:\/\/techcrunch.com\/events\/disrupt-sf-2019\/\"> TechCrunch Disrupt<\/a> conference in San Francisco on Thursday, in a discussion with TechCrunch Editor-in-Chief Matthew Panzarino.<a href=\"https:\/\/techcrunch.com\/2019\/10\/03\/startups-are-staying-private-way-too-long-says-salesforce-founder-marc-benioff\/\"> They discussed<\/a> leading with values, business as a platform for change, and the need to rethink the notion of capitalism. <\/p><p>\u201cI really strongly believe that capitalism as we know it is dead\u2026that we\u2019re going to see a new kind of capitalism, and that new kind of capitalism that\u2019s going to emerge is not the Milton Friedman capitalism that\u2019s just about making money,\u201d said Benioff. \u201cAnd if your orientation is just about making money, I don\u2019t think you\u2019re going to hang out very long as a CEO or a founder of a company.\u201d<\/p><p>Panzarino and Benioff discussed faults in government regulation of the technology industry at the Disrupt conference. \u201cWhen it comes to regulation, the government is doing too little too late,\u201d he said, reiterating his stance that the U.S. is in need of<a href=\"https:\/\/www.salesforce.com\/company\/news-press\/stories\/2018\/5\/051618\/\"> a robust new privacy law<\/a>.<\/p><p>Watch the complete video replay of the discussion <a href=\"https:\/\/techcrunch.com\/2019\/10\/03\/startups-are-staying-private-way-too-long-says-salesforce-founder-marc-benioff\/\">here<\/a> (scroll down). <\/p><p>Benioff\u2019s new book,<a href=\"https:\/\/www.salesforce.com\/trailblazerbook\/?d=7010M000001yv8PQAQ\"> Trailblazer: The Power of Business as the Greatest Platform for Change<\/a>, will debut on October 15. <i>Trailblazer<\/i> is available for preorder <a href=\"https:\/\/www.salesforce.com\/trailblazerbook\/?d=7010M000001yv8PQAQ\">here<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Salesforce Chairman and co-CEO Marc Benioff is profiled in a new Associated Press story, titled \u201cCrusading tech mogul aims to prove CEOs can be activists too.\u201d AP journalists Michael Liedtke and Barbara Ortutay write that \u201cBenioff blames much of society\u2019s current troubles on CEOs who have been asleep at the wheel.\u201d The story delves into [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":19851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sf_subhead":"","sf_i18n_disclaimer":false,"_jetpack_memberships_contains_paid_content":false,"alternateThumbnailId":0,"sf_product_cta_id":0,"footnotes":""},"categories":[1],"tags":[],"sf_content_type":[1735],"sf_theme":[1914],"sf_topic":[1766,1763,1733],"sf_product":[],"sf_industry":[],"sf_role":[],"sf_multimedia_asset":[],"sf_location":[1724],"sf_collection":[],"sf_visibility":[],"coauthors":[],"class_list":["post-19850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","sf_content_type-news-highlights","sf_theme-business-as-a-platform-for-change","sf_topic-equality","sf_topic-innovation","sf_topic-stakeholder-capitalism","sf_location-amer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - 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