What is Compassionate Capitalism and Why We Need it in These Times of Planetary Crisis ?
This form of capitalism which is sometimes called Compassionate Capitalism or Capitalism with a human face is finding many takers both in the developed Western world and in the developing and emerging world in Asia and Latin America. Compassionate Capitalism means that corporations have to account for the costs that they impose on the environment, the communities that lie in the vicinity of their factories and plants as well as offices, their employees whom they have to treat with more kindness, and the consumers and other stakeholders to whom they must be accountable. In other words, corporations must practice a variety of capitalism that is more humane, compassionate, and just and fair. Thus, Compassionate Capitalism not only needs a complete rethink of the existing paradigm of profit before people but also needs a retooling of the principles underpinning it to place people before profit. While this might seem idealistic and Utopian, it needs to be mentioned that in these times of planetary crisis where the Climate Change is threatening the very existence of civilization, where gross income inequalities and the obscene wealth gap is leading to social unrest, and where the ever accelerating technological change threatens the social contract on which our relations with the world are based, Compassionate Capitalism is no longer an abstract and remote concept, but something that we need on an urgent basis. Having said that, there are those and who are in the majority at the moment, who dismiss all this talk of Compassionate Capitalism as Hot Air or Bombastic and Ideological nonsense that does not take into account the ground realities of how capitalism and business work. When one compares and contrasts the arguments for and against Compassionate Capitalism, we find that there is much Hubris among those who oppose this form of capitalism, and much Naivet, among those who support it. The point to be noted is that we are now at a stage where a New Narrative has to emerge that can hopefully reconcile the differences between the dominant model and the minority view that espouses Compassionate Capitalism. This means that we need the case for Compassionate Capitalism to arise from within the ranks of those who practice capitalism and not from those who are well meaning but not in a position to change the Status Quo. Already, this is happening to a certain extent in the West and East as well with prominent Technology Sector business leaders such as Bill Gates, N R Narayana Murthy, Elon Musk, and Mark Zuckerberg, espousing some or more of the strands of Compassionate Capitalism ideology and coming in support of Basic Income for All, Protecting the Environment, Reducing Inequality, and batting for more Gender Inclusivity.
Compassionate Capitalist Online Radio
Karen Rands, a true Venture Catalyst, shares her insights about Connecting Companies with Capital and Capital with Companies. This show engages the Early Stage Sophisticated Investor and Angel Investor Community and inspiring Entrepreneurs as a source for info of interest to both investors and entrepreneurs. Become a loyal listener and spread the word to business owners and investors you know! Karen as a presenter, author, and CEO has been involved in the early stage private equity space since 2001. When Karen speaks, people listen to what she has to say about creating wealth through entrepreneurship and private investment! Karen Rands, founder of the Compassionate Capitalist Movement for Angel Investors, talks with author Mark Faust, trusted advisor to Corporate Executive Teams and author of Growth or Bust and High Growth Levers, about how individuals and corporations use Compassionate Capitalism to create wealth and grow their business. As a nationally recognized expert on Angel Investing, Karen has written the best selling book Inside Secrets to Angel Investing as a step by step guide for learning how to invest in private companies to bring innovation to the market, create jobs and create wealth for all those involved – Compassionate Capitalism. She believes busy executives can effectively diversify their portfolio to invest in entrepreneurs as a wealth creation strategy, and enjoy the passion and excitment of an entrepreneurial endeavor without incurring all the risk and challenges of being an entrepreneur. Mark’s company, Echelon Management International, works with both leaders of successfully growing companies who want to raise the bar as well as with companies in turnaround. Mark has worked with and interviewed many Fortune 500 CEO’s, hundreds of number one sales performers, and thousands of his client’s top customers. From this experience and insight, he discovered a corporate version of Compassionate Capitalism that is part of the pattern for success for those companies and executives.
Compassionate Capitalist by Karen Rands on Apple Podcasts
Join Karen Rands as she interviews Julie Cropp Gareleck, founder of Junction Creative during the Compassionate Capitalist radio show. Karen Rands, the Compassionate Capitalist, continues her Money Hunt series by exploring the role of the Elevator Pitch when entrepreneurs seeking angel investo. Karen Rands, the host of Compassionate Capitalist radio show, invites entrepreneurs to call in and share there stories and share how they have been blessed in b. Free. Karen Rands, the host of the Compassionate Capitalist Radio show will interview Bruce Blechman about an innovative fresh approach to financing a small business. During the Compassionate Capitalist Radio Show, Karen Rands will take a light-hearted look at the remarkable similarities between finding an investor and findin. Karen Rands, on the Compassionate Capitalist Radio Hour, will explore the reasons early stage companies need to consider investing in coaching. Karen Rands, the Compassionate Capitalist, will interview three dynamic entrepreneurs that have proven they can bring innovation to the market, create compellin. Compassionate Capitalist Karen Rands – Returns with two entrepreneur successes. Karen Rands will kick of the Compassionate Capitalist Radio Show for 2010 with an overview of industry predictions regarding sourcing of early stage business ca. Compassionate Capitalist Karen Rands will interview now legendary inventor, entrepreneur, adventurer, visionary, and retired military CEO Ralph Brown.