Let’s Make a Sustainably Better Future
Stakeholder Capitalism Inevitably Turns into Identity Politics
My group deserves more than your group.
How do you set priorities when you have multiple potential projects to work on? Do you focus on achieving the greatest good? Avoiding the greatest harm? Or do you look to who is complaining loudest?
In this series, I explore the current best hope of the ESG movement, stakeholder capitalism. Its advocates want stakeholder capitalism to replace shareholder capitalism as the driving factor behind corporate actions.
But are we pinning our hopes on a doomed strategy? Doomed why? Read on to find out. This is the Stakeholder Capitalism series, Part 4.
How do we drive change in a democratic society?
What can we do if we think society is not working perfectly and we want it to do better?
Traditionally in a democracy, you would try to change the law. That is, get a majority of your fellow citizens to elect representatives to parliament and have a majority of them pass laws for the greater good. Or in some countries, get enough signatures for a referendum.
