WHOLESOME CAPITALISM? Alexander McCobin, CEO, Conscious Capitalism & Rob Waldron, Curriculum Associates are dedicated to elevating humanity in business, uniting left & right in pursuit of happiness

Alexander McCobin and the organization he leads, Conscious Capitalism, believe that capitalism is a way forward for humanity to ethically engage with each other to build and support a global network of businesses dedicated to this conscious mindset. One of Conscious Capitalism’s partners, Curriculum Associates, has been ramping up this conscious focus even further in light of COVID-19. Under CEO Rob Waldron’s direction, CA has been bringing millions of school children back to class either online, hybrid, or offline. As Investopedia spells it out, the term conscious capitalism refers to a socially responsible economic and political philosophy. Proponents of conscious capitalism believe that businesses should operate ethically while they pursue profits. This means they should consider serving all stakeholders involved including their employees, humanity, and the environment—not just their management teams and shareholders. The idea of conscious capital was created by Whole Foods co-founder John Mackey and marketing professor Raj Sisodia. The philosophy of Conscious Capitalism has support among leading business leaders and think tanks on the left and right. Yet it also has some critics. “Mackey has provided an example of how an individual can run a successful and ethical business in the modern era,” writes analyst Jonathan Liedl. “If everyone were like him, then certainly the ethics of capitalism would be far more socially conscious. However, everyone is not like him.”  Still, conscious capitalism is worth a study for a closer understanding and grasp of some of the economic and social challenges of our age. --- Support this podcast: https://podcasters.spotify.com/pod/show/john-aidan-byrne0/support