Manifesto
Did you read the Davos Manifesto 2020? The World Economic Forum claims to have distilled ‘the universal purpose of a company in the Fourth Industrial Revolution’. Cynics might dismiss this as the new face of corporate spin, but I think it goes deeper. Taken together with BlackRock CEO Larry Fink’s annual letters to CEOs and Business Roundtable’s statement on purpose last year, the Manifesto consolidates a changing corporate narrative and economic mythology. It’s not a new story, but it shows that stakeholder capitalism is gaining legitimacy over shareholder capitalism – and settling on consensus principles like circular, shared and regenerative.
— Wayne Visser
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From Purpose Inspired: Reflections on Conscious Living, Volume 2. Buy on Lulu ↗