Caux Round Table for Moral Capitalism
We make the case for Moral Capitalism.
We recently posted a couple more short videos on relevant and timely topics. They include:
–Moral Capitalism vs. Democratic Socialism
All our videos can be found on our YouTube page here. We recently put them into 9 playlists, which you can find here.
If you aren’t following us on Twitter or haven’t liked us on Facebook, please do so. We update both platforms frequently.
In this issue, we feature three essays.
First, Michael Hartoonian writes about rising cynicism and the collapse of the vital notion of human capital.
Next, Todd Lefko, the newest member of our board of directors, outlines the challenges facing the world and how our founding principles and present work could serve as an engine for dialogue and trust-building.
Lastly, Michael Wright, CEO of Intercepting Horizons, as well as one of our fellows, provides a positive take on the prospects of what he terms ethical AI.
As usual, I would be most interested in your thoughts and feedback.
In this issue, we move from a deep analysis of Islam and faith among People of the Book to a more introspective examination of who we are as people and what we ought to strive to. Both essays, while seemingly separate, have interplay that enriches them together.
First is a book review, by me, of Professor John Andrew Morrow’s The Covenants of the Prophet Muhammad with the Christians of the World.
In order to explore the covenants and the impact they could potentially have on inter-religious dialogue, one must come to the issue with a sense of reflection and humility. This dovetails nicely with Michael Hartoonian’s article on knowing thyself.
As usual, I would be most interested in your thoughts and feedback.Pegasus September 2025
Here’s the August issue of Pegasus.
Both of the essays in this edition touch on the philosopher Friedrich Nietzsche, the first one a bit more so than the second. His appearance in these two pieces underscores how his views from the second half of the 19th century still resonate today, often in disharmonious ways.
As usual, I’d be very interested in your thoughts and feedback.
We recently posted a couple more short videos on relevant and timely topics. They include:
–Target and Stakeholder Capitalism
All our videos can be found on our YouTube page here. We recently put them into 9 playlists, which you can find here.
If you aren’t following us on Twitter or haven’t liked us on Facebook, please do so. We update both platforms frequently.
Here’s the July issue of Pegasus.
In this edition, we have two essays that take deep dives into civilization.
First, Michael Hartoonian writes about the challenges of building civilization, but holds out that the proper establishment of civilization, especially as it relates to knowledge and intelligence, can provide for the good life.
Next, I take Michael’s concepts and apply them to tools.
As usual, I would be most interested in your thoughts and feedback.
Our world is facing a questioning of values.
From questioning capitalism and democracy, to a growth of acceptance of autocracy, we are in a period of challenge to the theories which have developed our world.
We seek clarity of thought and a pathway for a moral future.
Steve Young’s book, Moral Capitalism, has been translated into Russian by Professor Yury Blagov of the Graduate School of Management, St. Petersburg University.
His book responds to an international need at the moment of greatest challenge, not simply in Russia, but across the world.
Reflecting the Caux Round Table’s Principles for Business, it becomes a blueprint for Russia and the world of a capitalism which, when properly structured, remains the only system capable of reducing global poverty and tyranny and addressing the hopes and needs of transforming geopolitics and economics.
We have witnessed how capitalism was misunderstood and misused into becoming “brute capitalism.”
We now witness how societies and nations are fragmenting, rather than focusing upon the common issues which unite humanity.
We have the opportunity to build a new moral capitalism which reflects the required social change, progress and economic stability which our world seeks.
We have the opportunity, with the ideas presented by Steve Young.
We must take advantage of this opportunity in the current divided world.
The Caux Round Table can lead the discussion and implementation of this renewal. I hope you will provide leadership for that discussion.
Here’s the June issue of Pegasus.
In this edition, we include two articles.
The first, from Michael Hartoonian, explores a new meaning of civilization. This takes on added pertinence with the recent political assassinations and attempted assassinations here in Minnesota.
Secondly, we republish a piece (with an author’s update) by our fellow, Michael Wright, on how AI threatens to increase knowledge inequality.
As always, I would be most interested in your thoughts and feedback.
Here’s the May issue of Pegasus.
This edition carries two essays on seemingly separate themes. One focuses on leadership and the other on the roles of a citizen.
In the first essay, “On Failure of Leadership,” I survey the world and find much of it wanting as it relates to leadership.
Michael Hartoonian then weighs in with his essay, “There is No Prosthetic for an Amputated Soul.” It contains several great observations, primarily in the context of being a citizen vs. being a subject.
As usual, I would be most interested in your thoughts and feedback.
We recently posted a couple more short videos on relevant and timely topics. They include:
–Tariffs and the Wealth of Nations
–Are Things All Good or All Bad?
The first one is a little longer than usual, but well worth your time.
All our videos can be found on our YouTube page here. We recently put them into 9 playlists, which you can find here.
If you aren’t following us on Twitter or haven’t liked us on Facebook, please do so. We update both platforms frequently.