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  Capitalism with Conscience?

  I'm no economist, but from my right-brain perspective as a design firm owner and my first-hand experience at the bottom of the stock market food chain, it seems that expecting capitalism and social conscience to play nice together is like expecting the lion and lamb to make it past lunch together. Capitalism offers a little something for Everyman only to the extent that doing so keeps a fresh supply of suckers on the bottom rung. Wealth, if shared, is often done so with a feeling that it's a drawback of an imperfect system.

  Socialism isn't any better with inherent de-motivators for everyone. So what's the answer? A brand new system: Socialwealthism. I just made that up. But c'mon. Let's redefine wealth by the global good it creates not by the number of acres or size of homes it can buy! Let's put an end to the reluctant or tardy creation of foundations because amassing so many millions or billions begins to appear impolite. Let's put a company's contribution to global good at the top of the list of reasons to buy stock in it. Even old-school CEOs could learn a new trick that way.

  Not unlike the cause of changing the effects on our environment through the use of different fuel, we can change the effects of our capitalism through the use of a different vision among our wealth advisors. Al Gore is setting the investment vision example. Now, if only he could persuade the current crop of wealth advisors to be the world's heroes. On Has the corporate-responsibility movement lost sight of the big picture? posted 3 years, 6 months ago 4 Responses