I’m on vacation, reading a fascinating book by Umair Haque entitled “The New Capitalist Manifesto.” Its gist is that too many businesses are creating profits based on what Haque calls “thin value,” value created by stealing benefits from and imposing unmeasured costs onto current and future generations. These businesses will fail in the 21st century when their “deep debt” comes due. Haque argues that our business models, formed in the industrial age of the 20th century, are based on a hunting mentality that assumes no end to the riches in the forest. As a result, businesses create thin value that is: Artificial, as the business creates gains for some (e.g., shareholders) at the cost of harm to others (the environment and future generations); Unsustainable, as the business abuses environmental and labor resources to extract profits; and, False, as the business fails to make…