Governments have a unique opportunity to incentivise corporations so that they can accelerate their evolution to a more sustainable economy through more sustainable practices and products.
Sentiment: POSITIVE
Governments have been ceding power to big multinational corporations in the market. We see the manifest in a variety of ways. Where governments are giving up power to big international institutions like the World Trade Organization or NAFTA, which are disabling governments' ability to protect the rights of their own people.
Corporations are created by the people, acting through their governments. We grant them corporate charters that confer certain legal rights and privileges, like the ability to enter into contracts, limited liability and perpetual life.
What I would say is governments need assistance to run their organisations more efficiently just like businesses do.
I am not saying that government has nothing to offer. Government has an important role in fostering an environment conducive to business creation while also protecting its citizens. These are not mutually exclusive.
If we are going to be able to create a new economic vision, companies will need to rethink every aspect of their operations; their bottom lines, ownership structures, demands on financial returns, how they raise capital. For example, an ethical company would say it should only take a fair share of the planet's resources and campaign on this.
Operating under the conscious capitalism model will show that businesses are the true value creators that can push all of humanity upward for continuous improvement.
The government has got to do something to help independent businesses.
It is absolutely clear that government plays a key role, as a catalyst, in promoting long-run growth.
The corporate world has the resources to improve the world. It's where people live and work.
A corporation's primary goal is to make money. Government's primary role is to take a big chunk of that money and give it to others.