5min chapter

Scene on Radio: Capitalism cover image

S5 E11: Change Everything

Scene on Radio: Capitalism

CHAPTER

The Economy for the Common Good

Aristotle considered it wrong to take profits beyond what you need to cover your costs and to live. In the economy for the common good, communities would get together and decide on a different set of incentives. The community's laws, tax codes and lending and investing institutions would reward enterprises with a positive common good balance sheet; penalize those that just extract maximum profits while paying unlivable wages or polluting land in the atmosphere.

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