Response on "When faced with so-called 'progressive business', stay skeptical"

How would you define “progressive business”?  First, you would explain the adjective “progressive” which means advancement, development, or even improvement. Then the noun "business" has a variety of definitions related to the process of generating and selling products or offering services. The classic motive for businesses to produce goods and operate is to sell, in other words, to create profit for the owner or its shareholders. Now let’s go back to the word progressive which means advancement, that is to say, a change from the usual, a break from the classic. The author of the article associates the progress with the “managerial creed” and the classic (for-profit only) with the classical creed. The author states that “the classical creed was the common ideology present in the mid-20th century while the managerial one emerged between the 1920s and the late 1940s bringing a new era for the business world, a more improved and less individualistic one.” Although the “Classical Creed” ideology is still practiced by many companies, we are now witnessing many businesses that are shifting towards valuing their “stakeholders over shareholders”. However the times are quite different right now from that when the "managerial creed" first surfaced. We are now living in a period where we are desperately seeking that environmental and social sustainability. We are constantly seeking for that balance that can’t be fully provided through “socially responsible” enterprise but through “progressive politics”.