CNN N. H. Town Hall: on Corporations

Deval Patrick: Focus investments on community as part as long-term value

PATRICK: I founded a fund at Bain Capital to invest in companies for social and environmental good. Because I wanted to prove what I believe to be true, which is that this notion of having to trade financial return for social good was a false trade all along, that you don't have to. And we proved that we could get a competitive return and have measurable, meaningful social & environmental good. We've been practicing a kind of capitalism in this country for a long time that was all about short-term gains, next quarter's results, without due regard for the long-term interests in the enterprise, of the people in the community and the planet. We've got to get back to a different definition of long-term value. And I think it's an incredibly important proof point for business generally and for investment in particular.

Elizabeth Warren: Unfair for big corps to pay no taxes and not contribute