A Company Liberals Could Love

FOR a generation now, liberals have bemoaned the disappearance of the socially conscious corporation, the boardroom devoted to the common good. Once, the story goes, America’s C.E.O.s recognized that they shared interests with workers and customers; once wages and working hours reflected more than just a zeal for profits. But then came Reagan, deregulation, hostile takeovers, and an era of solidarity gave way to the age of Gordon Gekko, from which there’s been no subsequent escape.

There are, however, exceptions: companies that still have a sense of business as a moral calling, which can be held up as examples to shame the bottom-liners.

One such company was hailed last year by the left-wing policy website Demos “for thumbing its nose at the conventional wisdom that success in the retail industry” requires paying “bargain-basement wages.” A retail chain with nearly 600 stores and 13,000 workers, this business sets its lowest full-time wage at $15 an hour, and raised wages steadily through the stagnant postrecession years. (Its do-gooder policies also include donating 10 percent of its profits to charity and giving all employees Sunday off.) And the chain is thriving commercially — offering, as Demos put it, a clear example of how “doing good for workers can also mean doing good for business.”

Of course I’m talking about Hobby Lobby, the Christian-owned craft store that’s currently playing the role of liberalism’s public enemy No. 1, for its successful suit against the Obama administration’s mandate requiring coverage for contraceptives, sterilization and potential abortifacients.

Read the rest here.

This thoughtful article has been getting a lot of attention on the blogosphere, but I thought I'd bump it for the benefit of anyone who missed it.