While capitalism has created wealth for a small elite, it has failed to serve people’s or the planet’s well-being. We need to find alternatives to the current system, such as reducing our reliance on cars and finding ways to live more sustainably. Professor Philipsen argues that we have enough wealth and knowledge to create a world where everyone has access to the basics, such as housing, healthcare, and education, and can live in a level of security and safety that allows them to thrive.
It’s clear that we are at a breaking point and that the gap between what is and what could be is bigger than ever. But, it’s not too late to make a change. We need a better approach that prioritizes the highest good of all. By shifting towards a more sustainable and compassionate form of capitalism, we can create a world that works for everyone, not just a select few. The time for change is now.
To learn more from Dirk Philipsen, find him here on LinkedIn, his website and his 2017 Ted Talk
If you would like to chat about how Compassionate Capitalism, in whole or in part, could work in your organization, reach out to Charlene Norman at BulletProof Your Business Now.
The 5Cs podcast, book and community are about shining a light on a better path. Think of it as a global village of business people giving Planet Earth a hand up. You can find Charlene Norman on LinkedIn and the 5Cs website here. Consider joining the community here and subscribe for more thoughts from the 5Cs on Substack.