A new economy is one that not only adheres to a sustainable model, but one that also supports communities, environment and the people that work in it. Currently corporations are beholden to Wall Street to continuously grow, show increasing profits or their stock is downgraded. To achieve this, they grow to achieve near monopolies, purchasing government favors such as legislation that favors their industry, their company, and tax benefits their competitors do not enjoy; they move jobs to more and more unregulated areas where they can get labor cheap and pollute at will. Their charter is to produce profits for their stockholders and yet, are considered people under the law, as if people could be such 2 dimensional greedheads without conscience. How do we change this?
There is an alternative:
"In certain states, companies that want to brandish their new-economy values can now also register as B Corporations. B Corp registration (the “B” stands for “benefit”) allows a company to subordinate profits to social and environmental goals. Without this legal authorization, a CEO could in theory be sued by stockholders if profit-making is not his sole objective. Such status ensures that specific goals are met by different companies (manufacturers have different requirements from retail stores). It also helps with social marketing and branding. Thus, King Arthur Flour, a highly successful Vermont-based, 100 percent employee-owned ESOP, can be explicit, stating that “making money in itself is not our highest priority.” Four states—Maryland, Vermont, New Jersey and Virginia—have passed legislation that permits B Corp chartering, with many others likely to follow."
http://www.garalperovitz.com/2011/07/the-new-economy-movement-the-nation-2011/This is but one idea of many that's time has come. Please follow and get more information on the New Economy Movement. While I don't care for corporate rule, I also don't wish to have monolithic government rule either.
There are some pointing fingers at the protesters at OWS stating they have no articulated goals. That is false, They do not know how to articulate the goals in meaningful way after decades of crony patriotic/ capitalistic brainwashing. It is clear that the demands are that these current economic conditions cannot be allowed to continue. There is however, a lack of proposed solutions. I tender the New Economy movement. It is not capitalism, it is not socialism. It is local enough for political affiliations not to matter.
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