Sure. That can happen when all corporations have a legal duty to all shareholders stakeholders and they all have an equal right and access to influencing/suing them.
Mfw Ezra Klein III is streaming holo-eds to my great grandkids excoriating the left for not supporting his new book “Mutualist Capitalism” after David Hogg failed to stop Barron Trump getting elected president for life
I wouldn’t say it’s a fantasy, it’s just currently different cultural perspective that is being taught to the next generation of business leaders.
Some people are bought into the idea, but unless the actual laws change it’s not so easy to legally be able to prioritize the needs of all stakeholders equally.
I personally don’t see stakeholder theory as the “fix”, but it’s a good start to get the more ethical capitalism that’s not actively hurting the planet, workers, and communities.
They got what they wanted, but will they like it and will it stick? On a technical note things can improve and the three branches could flip back within 15 years at the most. For that to actually happen though people need to start feeling progressive wins now.
For that reason, the focus should be on trying to implement all the progressive programs we’ve been wanting federally, to be at the state level instead. States will likely need to be willing to go into debt to fund these programs, but if they do then the people living in those states will be much better off than they are now. Many people living in purple and red states will be much more likely to want those progressive programs when they actually are seeing how successful they are in Blue states as well.
It is the fantasy that corporations can serve the interest all stakeholders (employees, customers etc.) rather than a minority of shareholders as is currently: https://www.investopedia.com/stakeholder-capitalism-4774323
Sure. That can happen when all corporations have a legal duty to all
shareholdersstakeholders and they all have an equal right and access to influencing/suing them.It really just sounds like hand wavey bullshit.
They could serve their employees if they’re
employeeworker-owned. 😄Then that’s Mutualism lmao
Mfw Ezra Klein III is streaming holo-eds to my great grandkids excoriating the left for not supporting his new book “Mutualist Capitalism” after David Hogg failed to stop Barron Trump getting elected president for life
Or some form of socialism.
I wouldn’t say it’s a fantasy, it’s just currently different cultural perspective that is being taught to the next generation of business leaders.
Some people are bought into the idea, but unless the actual laws change it’s not so easy to legally be able to prioritize the needs of all stakeholders equally.
I personally don’t see stakeholder theory as the “fix”, but it’s a good start to get the more ethical capitalism that’s not actively hurting the planet, workers, and communities.
Well all the business leaders who think that’s a dumb cultural perspective just bought all three branches of government.
They got what they wanted, but will they like it and will it stick? On a technical note things can improve and the three branches could flip back within 15 years at the most. For that to actually happen though people need to start feeling progressive wins now.
For that reason, the focus should be on trying to implement all the progressive programs we’ve been wanting federally, to be at the state level instead. States will likely need to be willing to go into debt to fund these programs, but if they do then the people living in those states will be much better off than they are now. Many people living in purple and red states will be much more likely to want those progressive programs when they actually are seeing how successful they are in Blue states as well.