Written by John Lounsbury
Econintersect: Despite its many remarkable achievements, modern capitalism is driving our global economy along an unsustainable path. The purpose of finance and investing is now primarily to grow financial capital, but often at the expense of the well-being of the planet and society as a whole. This is evident in an ever-widening global wealth gap and in the twin crises of natural resource depletion and climate change.
Moving beyond this diagnosis, non-partisan think tank Capital Institute is calling on business leaders and policymakers to fundamentally rethink economics and how our free enterprise system operates. They’re advocating a shift to the next stage of capitalism-Regenerative Capitalism-that operates from a deeper mission than mere financial profitability, with the goal of promoting the long-term health and well-being of our human communities and the planet. In this presentation, John Fullerton explores the eight key principles of a regenerative economy and shares solutions currently being applied by real-world businesses.
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