Originally Posted by
ORAC
There is a very strong argument that MSV capitalism has not worked and that we are now suffering the consequences of that in all sorts of areas of economy and society; so in that sense his comments are valid. The financial crisis was one aspect of that and the desire ‘not to waste the opportunity’ is pretty universal.
I too fear that the ‘old’ Marxist solution is for a different era and we know (like we know vaccines work but some chose to look the other way) that Top- Down control of business does not work but regulatory reform can and does. I am thrilled to see the recent denouncement by CEOs of major US corporations of the MSV principle and the rise in ‘B’corp structures - which are a leap hugely popular with the younger workforce’s and entrepreneurs.