Title: Rethinking Capitalism: How We Got Here and What’s Next

Description:

In this thought-provoking episode, we take a deep dive into the history of capitalism and its evolution from founder-driven values to a shareholder-first mentality. Our expert explores how the relentless pursuit of profit has led to social and environmental costs, yet also highlights the rise of purpose-driven companies like Mom Bomb that are proving there's another way to do business. Learn how our everyday choices can shape the future of capitalism.

Episode Highlights:

- [00:00] Introduction: Capitalism's evolution and how it became a system prioritizing short-term profits.

- [01:50] The Story of Henry Ford: How early capitalists balanced societal progress with business growth.

- [02:45] The Shift to Shareholder Primacy: Milton Friedman’s influence and its impact on corporate behavior.

- [05:00] The Case of General Electric: How focusing on shareholder value caused long-term damage.

- [07:30] Human and Environmental Costs: CEO pay vs. worker wages and the role of deforestation in capitalism's consequences.

- [10:15] Hope on the Horizon: Purpose-driven companies challenging the traditional model, with a spotlight on Mom Bomb.

- [13:00] The Power of Consumers: Why spending and supporting ethical brands can reshape the system.

- [15:40] Conclusion: How everyday choices and actions can help create a better, more sustainable capitalism.

Duration:

17 minutes

Tags:

#Capitalism #ShareholderPrimacy #Sustainability #PurposeDrivenBusiness #MomBomb #EthicalBrands #ConsumerPower

Call to Action:

Join the conversation! Share this episode with your friends, and start talking about how we can all reshape capitalism for the better. Vote with your dollars and make conscious choices!

Contact Info:

Website: www.mombomb.org and www.buybombshelpmoms.com

Email: [email protected]