The net worth of eight American billionaires — the 'pandemic profiteers' — surged by over $1 billion in 2020.
World leaders, powerful corporate executives and influential activists will come together this week at the World Economic Forum in Davos, Switzerland. At the top of the agenda is “stakeholder capitalism” – the idea that corporations should consider the interests of all stakeholders, including employees, customers and communities, not just those of their own shareholders.
To be sure, if there was ever a moment to recognize that we are all in it together – regardless of race, creed and class – it is now.
The ecological catastrophe fueled by climate change and the socio-economic upheaval threatened by grotesque inequalities of wealth and power have the potential to destroy everything we care about.