The Meaning of Profit
Tuesday, February 17 2009
THE MEANING OF PROFIT
Hal Taussig
Many people fear that the CEOs who took bailout money will continue to get rich while the rest of the country, and the world, go into a financial tailspin.
Hal Taussig believes that CEOs have a responsibility to do more than earn wealth for themselves. He created a successful travel company called Untours. The company has a budget in the millions. But Hal does not keep any of the profits. He donates them to charity.
Hal talks to Dick Gordon about the spontaneous moment that led him to this alternative business lifestyle. The result swims against the tide of the profit motive: Hal actually finds that having an empty bank account is exhilarating.
- Learn more about the Untours company and foundation
- Learn more about B Corporation, an organization of business leaders like Hal
Home in a Vacant Lot
Adrian Moreno
Even before the economy started to slide, Adrian Moreno was engaged in an experiment to get by on much less. He moved his family to a vacant lot on the far outskirts of San Diego within earshot of the Mexican border. At first, they lived in a tepee. Then Adrian built a house on the property for about $10,000.
Adrian talks with Dick about how he taught himself construction and the art of living lightly.
- See photos of the house, barn, and chicken coop
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