Conscious Capitalism and Compassion – Wolff Professional Services
One of the best moments of my life occurred last week at The Mindful Leadership Summit in D.C. I attended a break out session titled Conscious Capitalism. As a child, I started creating businesses in my head. Never very interested in things that just filled my time or entertained me, but in things that affected the world. Creating businesses to meet people’s needs, creating jobs, and making things is what moved me.
I persisted but with less joy than I once had. I have had my own business for 20 years, actually a number of my own businesses through out my life, but the business that provided for me and my son for the past 20 years. Leaving me at odds with my desire to love the power of businesses, but the inner knowledge that the way we do business, is askew. Remembering the men and women of my childhood, their anger about money, their resentment toward power, sometimes made it strange to be in business. I still loved business, and saw it’s potential.
I cried in that break out session on Conscious Capitalism, because my heart was renewed. There are communities and leaders who are actively evolving the great gifts of business and creating tools for leaders to become conscious, and these leaders bring their intentional wisdom to the drivers of economy that lift people up. Read the book: Conscious Capitalism, join the communities, attend the events. This is compassionate business, compassionate leadership, mindful leadership at it’s best. Cheers to greater purpose and meaning in our world, and in our businesses!
A Defense of Capitalism and Free Markets as Millennials Flock to Socialism in Droves – Investment Watch Blog
A once prosperous and fully functioning democratic nation in South America became proof positive of the ultimate failure of socialism. Another South American country teaches us a valuable lesson on the failure of socialism. As America’s Millennials are increasingly drawn to socialism and disgusted by capitalism, it is important to point to the recent collapse of Brazil. Socialism breeds corruption and promotes criminal politicians to the top. Despite these two telling examples from South America, Millennials in the U.S.
no longer see socialism as a dirty word. Mark Thornton, Senior Fellow at the Mises Institute and Book Review Editor of the Quarterly Journal of Austrian Economics wrote an informative piece on mises.org bemoaning young Americans’ desire for socialism in the United States. A recent GenForward survey quantified Millennials’ support for socialism. Socialism is viewed as a kind of nationwide safe space, according to thin-skinned Millennials. For comparison’s sake, over half of Baby Boomers favor capitalism and only 26 percent support socialism.
The numbers are in and America’s young adults appear to want socialism. Similar conclusions were found in a 2015 Reason-Rupe poll which revealed 58 percent of the same age group approved of socialism, up dramatically from a 2011 Pew poll that found 49 percent of young Americans viewing socialism positively. Supporters of socialism claim that capitalism cannot be trusted because humans are inherently greedy and selfish.
How Individuals and Corporations Participate
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.
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