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EP 83 | What Is Stakeholder Capitalism? Part Two
Date: 8/14/24
Name of Podcast: Our Republic Matters
Episode Title and Number: What Is Stakeholder Capitalism? Part Two/83
Brief Summary: In today’s podcast we are going to show part one of the excellent documentary on the WEF Stakeholder Capitalism or also known as just communism.
Stakeholder capitalism is an economic system in which corporations are oriented to serve the interests of all their stakeholders. This includes not just shareholders, but also employees, customers, suppliers, and the broader community in which the company operates. Here are some key points about stakeholder capitalism:
Broader Purpose: Unlike traditional shareholder capitalism, which prioritizes maximizing shareholder value, stakeholder capitalism emphasizes creating value for all stakeholders. This means balancing the needs and interests of various groups affected by the company's actions.
Sustainable Growth: It promotes long-term sustainable growth over short-term profit maximization. This approach often involves considering the environmental, social, and governance (ESG) impacts of business decisions.
Corporate Responsibility: Companies practicing stakeholder capitalism often engage in corporate social responsibility (CSR) activities, such as reducing their environmental footprint, supporting community initiatives, and ensuring fair labor practices.
Inclusive Decision-Making: Decisions within a stakeholder capitalism framework involve input from a diverse set of stakeholders. This can lead to more inclusive and equitable business practices.
Criticism and Challenges: While stakeholder capitalism aims to create a more inclusive and sustainable economy, it also faces criticism. Critics argue that it can be difficult to balance the diverse interests of all stakeholders and that it may dilute accountability by giving managers too many objectives.
Global Movement: The concept has gained traction globally, with organizations like the World Economic Forum (WEF) promoting stakeholder capitalism as a way to address global challenges such as inequality, climate change, and social injustice.
In essence, stakeholder capitalism seeks to redefine the role of business in society, advocating for a more holistic and responsible approach to corporate governance
See links below to the videos used in this podcast:
Title: Video Into
Intro To Podcast:
Video: Stakeholder Communism - https://www.youtube.com/watch?v=A1m4zZvyCxg&t=3s
https://yellow.forum/latest
Closing Thoughts:
Video: You Are Life Hillsong - https://www.youtube.com/watch?v=Tw8-g7a3T7k&t=1s
Business Slides:
Yellow Forum: https://www.youtube.com/@YellowForum
Q Storm Rider: https://t.me/qthestormrider777
Redacted: https://www.youtube.com/@RedactedNews
Dr. Scott Young: https://www.youtube.com/@DrScottYoung
Follow The White Rabbit: https://t.me/followsthewhiterabbit
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The videos used in this podcast were taken from social media and we are NOT the owners. The videos were used strictly for informational or entertainment purposes.
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