Does Obama promote stakeholder capitalism?

A post at Harvard Business Publishing argues that Obama recent actions seem to promote the concept of stakeholder capitalism, meaning that corporations are not responsible purely to their shareholders, but a variety of other stakeholders as well including employees, customers, communities, etc.

As an example, the post refers to the fact that employee unions at Chrysler are getting more value on the dollar than Chrysler's debt holders.

Setting aside a puzzling confusion of shareholders with debt holders, who get VERY different treatments in bankruptcy procedures, I seriously doubt any of these actions have anything to do with the promotion of a stakeholder capitalism. To me it seems more like cleaning the mess trying to hurt as few people as possible while trying to earn as many popularity points as possible.

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