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Wall Street: “Where to Now?”

Date 2012-05-29 5782 Clicks

LO, FEI-WEN

The TKU Department of Industrial Economics invited Prof. Lai In-Jaw to deliver a special lecture at Chung-ling Chemistry Hall, May 29. Prof. Lai is the former President of the Judicial Yuan. He obtained a PhD from Harvard University and has previously served as the Chief Justice of the Constitutional Court of the R.O.C and the Vice-Governor of Taiwan.

Prof. Lai’s lecture described numerous trends that can currently be observed globally. This includes the Occupy Wall Street Movement, which affected people’s views of capitalism and other such social paradigms. He noted that one of the factors triggering the Movement was the extreme disparity in global distribution of wealth, wherein 1% of the world’s population owns 40% of the world’s resources. Prof. Lai also talked about the immense pressure that this situation places on world governments. Such governments often have to decide whether to cater to the interests of big business at the expense of the rest of the population; or to fight for the 99% even at the risk of losing the support of the 1%.

Prof. Lai, however, believes that social responsibility among enterprises does not in fact lead to a drop in profits, and that social responsibility and company profits are inextricably linked.

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Wall Street: “Where to Now?”
LO, FEI-WEN
Wall Street: “Where to Now?”
LO, FEI-WEN
Wall Street: “Where to Now?”
LO, FEI-WEN
Wall Street: “Where to Now?”
LO, FEI-WEN
Wall Street: “Where to Now?”
LO, FEI-WEN
Wall Street: “Where to Now?”
LO, FEI-WEN
Wall Street: “Where to Now?”
LO, FEI-WEN
Wall Street: “Where to Now?”
LO, FEI-WEN
Wall Street: “Where to Now?”
LO, FEI-WEN