Abstract

As the former President of Bovespa, the Brazilian stock exchange, Raymundo Magliano Filho established model programs in corporate social responsibility that establish Brazil for how to imagine a capitalist economy without the excesses and crises that threaten capitalism around the world. Filho tells of the importance of Hannah Arendt in his own thinking. In his professional life, he says, he has been guided by Arendt's observation that power can never be a single individual's property; rather, it lies at the basis of, and derives its legitimacy from, group action.

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