”Climate change, natural resource shortages, the growing gap between haves and have nots, and the fragility of financial systems are but a few of the critical problems it has spawned, and these are conspiring to become a perfect storm. We need to respond urgently, and the choices before us range from dramatic course correction on one extreme, to facing "overshoot-and-collapse" on the other.”
Great article in Harvard Business Review blog on how to save capitalism by focussing on "for-benefit" enterprises instead of "for-profit" business. Must-read.
By actively supporting for-benefit enterprises and the transition to a four-sector economy, CEOs can help pave the way for a new, more sustainable, resilient, and inclusive capitalism that is struggling to be born.