Surveillance capitalism
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To be fair experimenting is good. It's still better than feudal system. I just wish we experimented with other models once in a while too.
I will read a sci-fi novel thousands of years into the future with fantasy-magic system, and economic model is still "21st century capitalism but we replaced the word money with credits so it's future now."
Blue Raspberry Capitalism. No, wait... Peanut Butter Capitalism
Baja Blast Capitalism
What the fuck even is "stakeholder capitalism". You mean the people with money???
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
They could serve their employees if they're employeeworker-owned. 😄
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.
It really just sounds like hand wavey bullshit.
I wouldn’t say it’s a fantasy, it’s just a 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 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.
I assumed it meant capitalism where everyone is a stakeholder of the company they work for or something like that.
The ongoing monopolisation, that will eventually become governmental monopolisation at which point the whole thing will go bust.
Maybe they don't know what a retail investor (hog for slaughter) is but tried to express the same concept
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