A better way to do capitalism
Henry Blodgett, now of Business Insider, gave a very interesting presentation at their Ignition conference: https://www.businessinsider.com/henry-blodget-better-capitalism-raising-wages-ignition-2018-12
His premise is that there is a better way to do capitalism. It’s not an original thought, but he expresses it well – companies must create value not solely for their shareholders, but for all of their stakeholders – owners, customers, employees, and society. Blodgett makes some other interesting points along the way.
CDR certainly strives to do this, and it’s a capitalist philosophy that’s proven to work well with organized labor. We all need to return to this model.
