Stakeholder capitalism, Inclusive Capitalism, The New Capitalism… all these and more are names being given to the movement to “reinvent capitalism”
Driving this is the recognition that our economic model for value creation and distribution, driven by Milton Friedman’s popular, if perhaps somewhat misunderstood notion of shareholder primacy, can no longer be relied upon to address the challenges described by Rebecca Henderson in her book “Reimagining Capitalism in A World On Fire.
The good news is that many many many “nodes” of reinvention are springing up all around the world – from the almost 300 year old RSA (Royal Society for the Arts), to our very own small CoCreating Mutual Value Collaborative
Underlying all of this are the ideas sometimes expressed as “regenerative capitalism” A recent RSA blog describes these ideas quite well.
For a quick read, please see << https://lnkd.in/e7w-XUw4 >>