Let’s Wander Around A Bit Today
Stakeholder vs Shareholder Capitalism
I listened to a presentation recently about B Corporations, something I have long thought of as the best shot for the future of capitalism. For too many years we have been increasingly operating in a badly distorted version of capitalism. It is a version that focuses ONLY on profits and shareholders. It does not work, and it is convincing entire generations that capitalism is hopelessly evil.
Alternatives like socialism do not work. B Capitalism does work. Business is still business, companies make profits, but they also take measure and assign value to their effects broadly (environment,