
Common Good Capitalism
A new economic model for growth to benefit business and society
- 176 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
In this ground-breaking book, Asesh Sarkar presents a visionary solution for the widening rift between everyday people and shareholders within contemporary capitalist systems and societies.
Sarkar compellingly argues that this gap – where economic growth is realised primarily throughcorporateprofits and favours shareholders over the general population – is fuelling impoverishment and risking the potential for mass social unrest. Here he introduces an innovative approach that business leaders can leverage to make capitalism work for all.
Enter the Customer Co-ownership Economy – a revolutionary model where companies align capitalism with wealth distribution by allocating shares to customers, transforming them into vested 'co-owners' with a stake in the company's success.
Drawing on robust economic reasoning, supported by academic research and insights, Sarkar champions this ownership structure as a win-win scenario. Businesses will enjoy heightened loyalty, goodwill and share of wallet, invaluable market insights to improve R&D, plus an engaged investor base that's vital to growth and success. Customers will gain wealth through share ownership, regular dividends, financial literacy and a voice in corporate decisions.
Through vivid anecdotes and clear modelling, Sarkar artfully illustrates the transformative potential of the Co-owned concept, demonstrating its compelling commercial benefits for businesses, substantial wealth generation for UK households, and a profoundly positive impact on society.
Powerful in its simplicity and logic, by making a persuasive case for his 'capitalist cure' to recalibrate business and society, Sarkarprovidesan optimistic path for concerned business leaders and policymakers grappling with capitalism's flaws, promising a more equitable and prosperous future for all.
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Information
Table of contents
- 1 The big idea
- 2 My story and influences
- 3 The fundamental issue with capitalism today
- 4 Introducing co-owned and its aims
- 5 The economic case for companies
- 6 The cost to public companies of becoming co-owned
- 7 The economics for private equity-owned companies
- 8 Next-generation loyalty programmes
- 9 The economic case for consumers
- 10 The benefits for government and society
- 11 Implementing Co-owned and the role of AI
- Conclusion
- References
- Acknowledgements