The Good, Bad and Ugly of capitalism*

Howard Schultz, the chairman and chief executive of Starbucks, took the podium at his company's annual meeting on March 21 to talk about the importance of morality in business. Yes, morality. There can be little doubt that in recent years, especially, Schultz has been practicing a kind of moral capitalism. Profitability is important, he believes, but so is treating customers, employees and coffe