This blog is one of the primary ways we share core ideas and new developments in the Building A New Reality movement.
“When you are given a certain role, this does not mean you will be the only one who will perform the task,” Stijn explained. “What it does mean is that you have to ensure that eventually the task is brought to an end.”
Deliberative polling is an essential ingredient of building a new reality. It has the potential to revitalize culture, improve public discourse, and generate better solutions to our most urgent problems, because it relies on the collective wisdom of an informed crowd.
Can we establish a substantial organization—a GLIA—that cares about the needs of ordinary people, and has sufficient influence to counterbalance the powerful government and corporate interests that dominate the world?
Jack Bogle died this year with less than $100 million. Having given away half of his income to charities every year, Bogle truly was in the vanguard of a New Reality in capitalism.
by Ted Wachtel Disparity in CEO Compensation Disparity in wealth is evident not only when comparing ordinary people with the billionaire founders and owners of large corporations, but also with…
Although Ray Dalio, the founder and manager of the largest hedge fund in the world, built a fortune thanks to capitalism, he’s keenly aware that it is a deeply flawed system. “Capitalism basically is not working for the majority of people. That’s just the reality.” Dalio predicts the income gap will only get worse.
by Ted Wachtel Democratic capitalism finds itself facing an ominous challenge. Will democracies throughout the world truly represent all their citizens, or will they continue to favor the wealthy and…
by Ted Wachtel The Spirit of 1776 —The Twin Pillars of Democratic Capitalism “Governments are instituted among Men, deriving their just powers from the consent of the governed…” Jefferson’s final…
Corrupt governance corrupts the free market. The free market, after all, is simply a democratic decision-making mechanism, in which people vote with their money. Their collective purchases, sales and investments influence what is produced, how much of it and how much it costs. In a New Reality, consumers have a choice of what kind of corporate ethics and values they want to support with their patronage.
“While non-profit corporations must be just as businesslike as their profit-making counterparts, they have different motives and behaviors than for-profit corporations.”