Reinventing Capitalism

 

Share of global wealth. source: oxfam international 2015

Share of global wealth. source: oxfam international 2015

Nature provides $36 trillion of services annually. Problem is, this value is externalized in the products we buy 

business case for true pricing. source: deloitte, Ey, pwc, true price, 2014

business case for true pricing. source: deloitte, Ey, pwc, true price, 2014

  

Striking Facts

1% of population holds more than 45% of global wealth while the rest of the 99% of population holds only 55%. 

America has 35% of world’s wealth having 6% of the world’s population. India has less than 2% of world’s wealth having 15% of world’s population

 

government initiatives to internalize externalities. source: deloitte, ey, pwc, true price, 2014

government initiatives to internalize externalities. source: deloitte, ey, pwc, true price, 2014

Is true decoupling between economic growth and environmental degradation possible?

 

resource and impact decoupling. source: unep 2011

resource and impact decoupling. source: unep 2011

 

What economists are saying

Joseph E Stiglitz supports Thomas Piketty’s view in his new book “Capital in the 21st century”, in that inequality has been rising in most nations of the world, even though the wealth has been increasing

  


Your say…

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Do you think capitalism needs to be reinvented to remain sustainable for 21st century new business models?

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Conscious capitalism. source: conscious capitalism institute

Conscious capitalism. source: conscious capitalism institute

B Corps

More than 1200 companies are now B Corp certified across the world. This certification means the company is meeting strict social and environmental standards

Corporation 2020

Idea proposed by Pavan Sukhdev that proposes to deliver the vision of future working on 4 planks of change:

Incorporating externalities | Accountable advertising | Limiting financial leverage | Resource taxation


Emerging narrative of new form of capitalism

 

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