BY PHIL KOTLER – We just got the news that JP Morgan decided to raise CEO Jamie Dimon’s pay by 35 percent! He will take home $27 million for 2015! The JPMorgan directors think that Jamie is singularly responsible for the rise in their revenue and profits in 2015. Or they admit that a few … Continue reading Are CEO’s Overpaid? Ask Jamie Dimon!
BY J RICHARD HARVEY, JR., Villanova School of Law – Corporate inversions have been front page news in the US for months with everyone from President Barack Obama to the man on the street expressing a view as their usage has surged. Unfortunately, many of these views are not well informed. For example, most news reports cite … Continue reading What’s driving the surge of corporate inversions?
BY PHIL KOTLER – Look at the picture below. What do you see? A manufacturing process, with no workers in sight. We humans have been replaced by robotic arms and artificial intelligence. Think of an Amazon distribution center. Most of the ordered books and goods are picked up by robotic arms and assembled near a … Continue reading The Robots are Coming! Will they eat our jobs?
The Econ4 network of teachers, professors, practitioners, students and others are working to shift how economics is understood, taught and practiced. We’re now launching a video contest to crowdsource as many short, 3 minute videos about “Greed” as possible. We will distribute many of these across our network and beyond. The contest is patterned after the … Continue reading CALL FOR ENTRIES: Greed! A Video Contest from Econ4
Richard Gunther, Ohio State University On November 3, Ohio voters approved by a margin of 71% to 29% a constitutional amendment that will greatly reduce, or even eliminate, the gerrymandering of state legislative districts beginning in 2021. Ratification of Issue 1 by the voters followed its approval by bipartisan votes of 28-1 in the Ohio … Continue reading Ohio strikes blow against gerrymandering
Corpocracy is the absurd reality of our society in which corporations and their interests are allowed to have dominance over the economic and political systems. Through the subversive imagination, the artist works toward a transformation of social consciousness. WATCH: The show features 13 artists including, Beehive Design Collective, Michael D’Antuono, Ron English, Clark Fox, Kenneth … Continue reading VIDEO: Corpocracy – at the Station Museum of Contemporary Art
Ethan Zuckerman, Massachusetts Institute of Technology A few days ago – October 30 – MIT’s Media Lab celebrated its 30th anniversary. The Media Lab is a place that takes very seriously the idea that we can invent a better future and have it spread around the globe. It’s a place that’s helped invent things that … Continue reading Can innovators build a future that’s both disruptive and just?
Janet Napolitano, University of California, Office of the President In this presidential election season, one thing is certain: candidates will rarely – if ever – be asked what they would do to keep this nation at the forefront of science and innovation. That’s a shame. The public dialogue about science is perhaps the most vital … Continue reading Janet Napolitano: Why more scientists are needed in the public square
Considered one of the world’s most controversial artists, Michael D’Antuono is known for making art that challenges people to think more deeply about sociopolitical issues. His collectors range from Arnold Schwarzenegger to Pete Seeger and his work has received high praise from fellow artists Shepard Fairey and Banksy. What made you decide to dive into this sort of … Continue reading Art & Response: An Interview with Michael D’Antuono
Andrew J Hoffman, University of Michigan The tide is finally turning. In last night’s third Republican debates, South Carolina Senator Lindsey Graham and former New York Governor George Pataki both acknowledged the scientific consensus that climate change is real and linked to human activities. These candidates participated in the “undercard” debate of four before the … Continue reading Breaking the link between a conservative worldview and climate skepticism
House Joint Resolution 29 introduced February 14, 2013 Section 1. [Artificial Entities Such as Corporations Do Not Have Constitutional Rights] The rights protected by the Constitution of the United States are the rights of natural persons only. Artificial entities established by the laws of any State, the United States, or any foreign state shall have no rights under this Constitution … Continue reading Move to Amend’s Proposed 28th Amendment to the US Constitution
This course is an economic history of what happened to ordinary American people and families from about 1930 to 2010. From the late 1940s to about 1980 ordinary people and families in the United States enjoyed a tremendous increase in their prosperity and quality of life, especially when compared with the conditions that existed during … Continue reading Free Online Class: “The Creation and Destruction of the Great American Middle Class (1930-2010)” with Professor Stanley Stasch
We’ve just begun a partnership with Huffington Post – and we invite you to join us. It’s worth repeating why we’re doing this: Capitalism must evolve to serve the needs of all citizens, not just the very affluent. Our goal is to discuss the 14 Shortcomings of Capitalism and systematically analyze the problems and potential solutions. … Continue reading Our Partnership with Huffington Post – Join Us!
Hedrick Smith is a Pulitzer Prize-winning former New York Times reporter and editor, and Emmy award-winning producer/correspondent. He has won most of television’s top awards including two Emmys and two Dupont-Columbia Gold batons for the best public affairs programs on U.S. television in 1991 and in 2002. His current best-seller, Who Stole the American Dream … Continue reading WATCH: Hedrick Smith on Who Stole the American Dream?
Since the Japanese Quality Revolution of the 1970s and 80s, companies have been obsessed with hearing and incorporating the “Voice of the Customer” into their management systems and processes. Many still struggle to incorporate this elusive voice effectively–to be truly customer driven. Indeed, many firms are still on the journey to learn how to “build … Continue reading Listening to the Voice of the Planet
Raj Sisodia is a leading figure in the Conscious Capitalism movement – he is the FW Olin Distinguished Professor of Global Business and Whole Foods Market Research Scholar in Conscious Capitalism at Babson College in Wellesley, MA. He is also Co-Founder and Co-Chairman of Conscious Capitalism Inc. Let’s begin by asking: what is a conscious business? … Continue reading What is a Conscious Business? An Interview with Raj Sisodia
In April 2015, Capital Institute released Regenerative Capitalism (by John Fullerton) at an event hosted by Yale University. John Fullerton is the founder and president of Capital Institute, “a collaborative working to explore and effect the economic transition to a more just, regenerative, and thus sustainable way of living on this earth through the transformation of finance.” Through the … Continue reading REPORT: Regenerative Capitalism
Lisa Sideris, Indiana University, Bloomington When the former Cardinal Jorge Mario Bergoglio chose Francis as his papal name, he signaled to the world a dual commitment to sustainability and the global poor. His namesake, Saint Francis of Assisi, was a man of poverty and peace who loved nature and animals, and is said to have … Continue reading With encyclical, Pope Francis elevates environmental justice