Marc Benioff, the billionaire co-CEO of Salesforce and owner of Time Magazine, says 'capitalism, as we know it, is dead,' and adds that it is time for a new form of capitalism that focuses more on societal good.
New York Marc Benioff says"capitalism, as we know it, is dead," and it is time for a new form of capitalism that focuses more on societal good.
"That new kind of capitalism that is going to emerge is not the Milton Friedman capitalism, that's just about making money," the billionaire co-CEO of Salesforce and owner of Time Magazine, said at the TechCrunch Disrupt conference in San Francisco Thursday evening."If your orientation is just about making money, I don't think you're going to hang out very long as a CEO or a founder of a company. You have to be more than that in today's world," Benioff added.
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