Community Capitalism

Description

From the Wikipedia:

"Community capitalism is an approach to capitalism that places a priority on the well-being and sustainability of the entire community, not just the lucky few. The community could be a metropolitan area, region, or an entire country. Other terms for community capitalism include 'sustainable capitalism', 'stakeholder capitalism', and 'family capitalism'.

In 1997 The American Assembly published a report titled "Community Capitalism: Rediscovering the Markets of America's Urban Neighborhoods", which they distributed to business leaders, President Clinton, cabinet members, members of Congress and governors, and the general public.

In 2013 George R. Tyler published the book What Went Wrong: How the 1% Hijacked the American Middle Class . . . and What Other Countries Got Right, which describes the 'Community Capitalism' models (which he terms Family Capitalism) used by countries that have helped their citizens to prosper, despite the forces of globalization. He contrasts the experience of the U.S. over the past 30 years to that of Australia and the major nations of northern Europe (Austria, Belgium, Denmark, France, Germany, Holland and Sweden).

In the United States, there is a growing awareness by citizens across the political spectrum that the Laissez-faire model of capitalism is fundamentally flawed. By reframing the debate around how we can leverage the positive aspects of capitalism to strengthen our communities, the hope is that the country can move beyond partisan politics and towards a collective plan of action." (https://en.wikipedia.org/wiki/Community_capitalism)