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 powerful minority, who can influence elections and government regulations to their own benefit? Will free market capitalism share its gains in productivity with everyone…or not?
Jefferson’s final draft of the Declaration of Independence, published on July 4, 1776, proposed an ideal of democracy that did not exist anywhere in the world, and in the same year Adam Smith proposed an ideal of free market capitalism that did not exist anywhere. We are still trying to achieve those twin ideals.
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.”
Editor’s Note: In the final installment of our four-part series (here’s last week’s installment) on restorative practices in the workplace, author Richard Cohen talks about why he created the website “Check-in Success” from which the following is excerpted. This series is also part of our ongoing efforts to apply restorative practices to the six facets […]
Leaders use check-ins deliberately to further a group’s development and, ultimately, to enable it to perform at the highest level.
“Experienced facilitators have long understood the power and importance of check-ins. Today there is a growing appreciation and increasing evidence for why this straightforward practice improves group performance.”
Check-ins are a simple, deceptively powerful approach that encourages each person in a meeting to speak and be heard by their peers. Leaders use check-ins deliberately to further a group’s development and ultimately, to enable it to perform at the highest level.
by Mary Shafer In this final installment of our Best of BANR to date series, we revisit Kerra L. Bolton’s piece on the Enterprise facet of societal need in Detroit. Originally published in October, 2018, Kerra’s post, Can Better Workplaces Make Detroit a Better City?, was part of a larger series based on her personal […]
A look back at an original post, in which BANR founder Ted Wachtel shared his delight at discovering, in an article, evidence that healthcare professionals are beginning to create a positive new reality in their approach to their work.