01 December 2011

Matt Lauer Praises Richard Branson on Occupy Position


Introducing an interview with CEO Richard Branson about his new book, "Screw Business As Usual," on Thursday's NBC Today, co-host Matt Lauer proclaimed: "...Sir Richard Branson argues the driving force behind capitalism should not be about making a profit, it's about caring for people, communities, and the planet." [Audio available here]

After questioning Branson on the practicality of such a business model, Lauer concluded: "So it's a different kind of capitalism. You're not saying that once you become successful you abandon the principles of capitalism, you just adjust those principles." Moments later, Lauer wondered if, "that form of capitalism would calm some of these emotions that we're seeing in the streets right now" in the Occupy Wall Street movement?

NBC's Matt Lauer Praises Richard Branson's 'Different Kind of Capitalism' Not Driven By Profits | NewsBusters.org

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