BY CHRISTIAN SARKAR and PHILIP KOTLER Maybe they’ve been spooked by Bernie Sanders and Elizabeth Warren. Or maybe they decided that it’s time to reclaim the political conversation before America turns full-fascist. Whatever the reason, the CEOs of this great nation published their own manifesto under the august umbrella of the Business Roundtable. In it, they finally … Continue reading “Now that CEOs found purpose, what are they going to do with it?”
BY ABBEY STEMLER, Indiana University; JOSHUA E. PERRY, Indiana University, and TODD HAUGH, Indiana University Uber’s business model is incredibly simple: It’s a platform that facilitates exchanges between people. And Uber’s been incredibly successful at it, almost eliminating the transaction costs of doing business in everything from shuttling people around town to delivering food. This is … Continue reading How Uber and other digital platforms could trick us using behavioral science – unless we act fast”
BY TRIS DYSON, Nesta and PIOTR GIERSZEWSKI, Nesta Challenge prizes – which offer a cash incentive to those working to solve a particular problem – are becoming a force for change by allowing entrepreneurs and innovators, often overlooked by existing grant and procurement systems, to develop solutions to the world’s greatest problems. They have a … Continue reading How to change the world and solve global problems – with cash prizes
BY PHILIP KOTLER – A recent news item mentioned that a group of 18 ultra-wealthy Americans including George Soros and Abigail Disney and members of the Pritzker and Gund families published an open letter asking presidential candidates to support a moderate wealth tax of 1 percent. The wealth tax revenue would be used to fund environmental initiatives, fuel economic growth, and … Continue reading Can Billionaires Save America?
By PHILIP KOTLER – Donald Trump drew many followers based on believing that the next President should be a business leader, not another run-of-the-mill politician. Business leaders understand the real world, work well with people, know how to manage payroll, are decisive, and get things done. Now we have enough information about Trump’s past business … Continue reading Is Trump a Fake Business Leader?
by PHILIP KOTLER and CHRISTIAN SARKAR – For some time now we’ve been saying that the wheels have fallen off our democracy. Things aren’t looking good around the world. The Guardian reports the world’s 26 richest billionaires own as many assets as half the planet. 26 plutocrats own as much wealth as 3.8 billion people. Welcome to serfdom. And … Continue reading The Flywheel of Corruption: Why Our Democracy Isn’t Working
Let’s drop the dead-end debate of capitalism versus socialism and focus on choosing terms that capture what we really mean—an open, fair, and accountable market essential to real democracy. by FRANCESS MOORE LAPPE My headline poses a question I struggle with. “Capitalism” refers to an economy driven by owners of private capital, typically with the aim … Continue reading “I’m a Capitalist,” Says Warren…But Why?
BY PHILIP KOTLER – No democracy is perfect. Some democracies work better than others. Swiss democracy works well. Canada’s democracy works pretty well. American democracy has fallen on hard times. In 2016, I published Democracy in Decline in which I cite many problems and solutions. We have voter suppression and low voter turnout. We let politicians choose their … Continue reading “Let Us Fix American Democracy”
BY JAKE JOHNSON – As corporations in the United States and around the world continue to reap record profits thanks to enormous tax cuts, widespread tax avoidance schemes, and business-friendly trade and investment policies, an analysis by Global Justice Now (GJN) published Wednesday found that the world’s most profitable companies are raking in revenue “far in excess … Continue reading At the Heart of Global Woes, 157 of World’s 200 Richest Entities Are Now Corporations, Not Governments
BY JESSICA CORBETT “It comes as no surprise that ExxonMobil and other oil companies are calling for anything and everything short of moving off fossil fuels entirely—most notably, the unwieldy and unproven concept of carbon taxes.” Amid warnings from the Intergovernmental Panel on Climate Change (IPCC) that there’s a closing window to act to prevent a … Continue reading ‘This Is a Scam”: ExxonMobil-Backed Carbon Tax Will Not Save the Planet
BY JAKE JOHNSON – A social media platform like this “is the ultimate surveillance tool: an addictive product that’s optimized to collect and analyze the intimate details of our lives.” While the pro-Trump data firm Cambridge Analytica has received a flood of media attention in recent days following reports that it harvested the personal information of … Continue reading Amid #DeleteFacebook Fervor, Experts Say Time to Tackle Big Data Profiteers
BY JAKE JOHNSON – “Town by town, city by city, local leaders are taking back everyone’s right to connect and communicate.” As advocacy groups and open internet defenders in Congress continue their efforts to repeal the Republican-controlled FCC’s attack on net neutrality, the mayors of 11 cities have signed a new pledge vowing to refuse to … Continue reading 11 Mayors Applauded for Refusing to Do Business With Companies That Don’t Support Net Neutrality
BY PHILIP KOTLER – Donald Trump was elected U.S. President one year ago. He gave his first State of the Union address on January 31, 2018, lauding all the positives of his record. But what has he actually accomplished? What damage has he done? What role has been played by his personality quirks? Trump attracts both lovers … Continue reading Trump’s One-Year Scorecard
BY CHRISTIAN SARKAR Alba’s Dream (2017) The public has not forgotten Puerto Rico, and neither has Patrick McGrath Muñiz. After experiencing Harvey in Houston, and witnessing Hurricane Maria passing over Puerto Rico and Irma in Florida, where most of his family and friends live, the issue of climate change has become even more personal for the … Continue reading Lamentations: Disaster-Capitalism, Puerto Rico, and the Art of Patrick McGrath Muñiz
BY PHILIP KOTLER – The answer to the question depends on who you ask. CHRISTIAN SARKAR Capitalism Works For Me! True/False, 2011 (aluminum and electrical) by Steve Lambert How well is American Capitalism working? The answer to the question depends on who you ask. If you ask America’s corporate executives, their answer is that American … Continue reading How Well is American Capitalism Working?
BY PHILIP KOTLER – This country badly needs serious and comprehensive tax reform but it is not likely to get it. The Republicans couldn’t get health reform or immigration reform and they are not likely to get tax reform. Their bills are always flawed by insisting on proposals without Democratic participation. Although the Republicans have … Continue reading The Nightmare of Tax Reform
BY PHILIP KOTLER and CHRISTIAN SARKAR “If you are silent at a moment like this, if you do not condemn the racism you see through whatever channels and avenues you have, you can leave church now because you’re doing church wrong,” – Robert Wright Lee, IV, minister and descendant of General Robert E. Lee The tragic … Continue reading How did we get to Charlottesville?
PHILIP KOTLER – Here is a brief manifesto for our priorities, if we mean to save Democracy in the USA. Free-market capitalism has subverted our democracy. The growth of income inequality has undermined the American Dream. Increasing polarization has destroyed our unity as a nation. The plutocracy must end. We need to produce wealth for … Continue reading A Manifesto for Just Capitalism
BY PHILIP KOTLER – Among the millions of products and services produced each year, there is a group loosely called ‘sin’ products. Think of “alcohol, cigarettes, and marijuana” as major sin products. Think of “prostitution services” as a ‘sin’ service type. Think of recent efforts to discourage the consumption of soft drinks, candy, and packaged … Continue reading Should Government Put a Tax on ‘Sin’ Products and Services?
BY PHILIP KOTLER and CHRISTIAN SARKAR – For many years, Americans held a clear idea of the differences between the Republican and Democratic parties. The Republicans were a party on the right, the Democrats a party on the left. But now the distinctions aren’t so clear. What went wrong? Neither party today is answering or … Continue reading Brand Confusion: What Do Our Political Parties Stand For?
By PHILIP KOTLER – We have had “Obamacare” and now the Republicans have fallen short in replacing it with “Ryancare” (a.k.a. “Trumpcare”). Both plans have their unforgiving and deep critics and enemies. I think that it is time to adopt the healthcare system that Canada and most other nations have: a single-payer healthcare system. A single-payer … Continue reading It’s Time For A Single-Payer Healthcare System