Sign In

Russ Greene

Senior Fellow, Economic Progress at Stand Together

Russell Greene is a Senior Fellow for Economic Progress at Stand Together, a position he has held since November 2019. Based in Arlington, Virginia, Greene focuses on advancing economic policies that promote opportunity and prosperity. His previous roles include serving as the Director of Government Relations and Research at CrossFit, Inc., where he worked from June 2017 to November 2019, and as part of the New Whiggery Fellowship at the Institute on Religion & Democracy from January to June 2023.1

Education and Skills

Greene earned a Bachelor of Science in International Politics with a focus on International Security from Georgetown University in 2009, graduating cum laude. He is proficient in multiple languages, including full professional proficiency in Arabic and professional working proficiency in Spanish.1

Career Highlights

  • Stand Together: Senior Fellow, Economic Progress (Nov 2019 - Present)
  • CrossFit, Inc.: Director of Government Relations and Research (Jun 2017 - Nov 2019)
  • New Whiggery Fellowship: Institute on Religion & Democracy (Jan 2023 - Jun 2023)
  • Arabic Linguist: Praemittias Group Inc. (2012)

Greene's work emphasizes the intersection of economic policy and community development, aiming to foster environments where individuals can thrive economically.1

Highlights

Sep 13 · linkedin

I have a new piece out today on business, via the American Institute for Economic Research - AIER.

Americans seem to be unsure about what the role of business is. We sense that business is an institution that actually works, in an era when institutional trust has crumbled. But we also are uneasy with the idea of businesses getting political, adding to our cultural divides instead of bridging them.

So, what exactly is the role of business?

There are two main ways to answer this question:

  1. Stakeholder capitalism (operationalized as ESG) and
  2. The Milton Friedman doctrine, which holds that " The Social Responsibility of Business is to Increase Its Profits."

Neither is up to the task. And that's a problem, because business is a powerful force for good, both in its own operations and in the example it sets for society.

ESG has failed on almost every metric. It was supposed to decrease risk; it's created it. It was supposed to help businesses do well and do good; evidence suggests it's doing neither, (but it's hard to say because the term is so poorly defined). Experts such as Alex Edmans have recommended scrapping the term entirely.

The Friedman doctrine has its own problems, however. It portrays business leaders as passive receivers of culture and regulation. In reality, however, the best business leaders have driven culture forward, and influenced policy. This raises the question what responsibility business leaders have to contribute to a culture and policy environment that respects the inherent dignity of each individual and contributes to both prosperity and discovery.

I am very excited to see that some business leaders are taking action. In 2023, prominent Silicon Valley investor Marc Andreesen of Andreessen Horowitz published the Techno-Optimist Manifesto. Andreesen’s manifesto defended free markets and attacked ESG as part of a “mass demoralization campaign.” Tech founder Brendan McCord launched the Cosmos Institute. Cosmos is bringing together philosophers with technologists in an Oxford University seminar, to discuss how technology can promote human flourishing. Elon Musk, of course, been scathingly critical of ESG, calling it a scam. And Liberty Energy CEO Chris Wright of Liberty Energy releases an annual Bettering Human Lives report that argues for prioritizing the elimination of energy poverty over ESG goals.

Beyond business leaders themselves, the Alliance Defending Freedom recently released a “Statement of Principles on the Purpose of a Corporation.” The statement declares that “the proper purpose of business is to advance human flourishing by creating economic value through excellence in the provision of goods and services.” And the Abundance Institute has been making the case for “long-term tech optimism.”

More here:

Sep 11 · linkedin

I am looking forward to speaking at this event at the Russell Senate Office Building.

(Please do not compare my publication list to Samuel Gregg’s!)

Related Questions

What are Russell Greene's main responsibilities at Stand Together?
How did Russell Greene transition from CrossFit to Stand Together?
What is the New Whiggery Fellowship, and how did Russell Greene get involved?
What are some notable achievements of Russell Greene in his career?
How has Russell Greene's work impacted economic progress?
Russ Greene
Russ Greene, photo 1
Russ Greene, photo 2
Add to my network

Location

Washington, District of Columbia, United States