Clearly, business driven by highest return to existing wealth leads inevitably to concentration and, consequently, to ever-worsening inequality. In America today, three people control as much wealth as the bottom half of us, says Forbes.
So, are we stuck in this deadly spiral toward ever greater concentration of economic power?
No, we can do better. We know we can because some of us already are.
Americans in all walks of life are creating companies with business models driven by social purpose, not just their own pocketbook priorities.
Sixty-four thousand companies in the U.S., for example, are structured as “cooperatives” set up to benefit workers, members, consumers, and the broader society.
Read the rest at Common Dreams
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