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S7 E11: Better Capitalism?
Scene on Radio: Capitalism
Redefining Capitalism: From Profit-Maximizing to Sustainable Practices
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This chapter explores the need to redefine capitalism, focusing on the distinction between profit-making and profit-maximizing practices. It critiques the monopolistic tendencies of major tech companies and the implications of stock buybacks on community prosperity, while advocating for regulations that promote fair economic conditions. Additionally, it proposes a minimal transaction tax to encourage long-term investments in sustainable ventures, addressing the challenges of shifting investor priorities towards impact investing.
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