Saturday 14 January 2012

Best ideas of 2011: The reshaping of Capitalism

Capitalism is slowly undergoing a massive transformation - and the Best Idea of 2011 was the Reshaping of Capitalism - a call launched by Occupy Wall Street, and answered by the Social Enterprise Movement. The social enterprise revolution, which has been slowly brewing for the past three decades, has been producing a new breed of capitalists, and a generation of young social entrepreneurs that are pioneering the reshaping of capitalism in developing and developed economies across the globe. They are using private-sector models and incentives to tackle some of the world's greatest challenges in health, water, sanitation, energy and more. They have broadened their businesses models, using a more progressive definition of "profits," which include social and environmental.

Occupy Wall Street has done an incredible job of turning public attention to the faults of a global system that in its current form has become seemingly unsustainable for a prosperous society. Yet, now it is time to act. It is time to join business, not fight it, and leverage the powers of capitalism as social enterprises have, to create broader economic opportunities and social equality.
http://www.nextbillion.net/blog/2012/01/02/best-ideas-of-2011-the-reshaping-of-capitalism   --
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