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Sustainable Capitalism
![[photo - James E. Emerson]](http://csi.gsb.stanford.edu/sites/csi.gsb.stanford.edu/files/imagecache/researchimg150x150/James-E.-Emerson_7.jpg "[photo - James E. Emerson]")
Nonprofit? For-profit? Or both? Jed Emerson comments on how the lines are blurring between businesses that return a profit and nonprofits that do social good. In this essay he outlines the history, evolution, and limitations of traditional capitalism; examples of companies that embody "blended value"; barriers to sustainable capitalism; and the role of philanthropy in advancing blended value.
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