What is Inclusive Capitalism?
capitalism that works for everyone
Capitalism done right is the economic system of opportunity, accountability, freedom, and innovation. It has lifted billions of people out of poverty, but economic power has concentrated and too many people are being left behind while the planet is paying a price. Public trust in government and business has plummeted as inequality has risen. Some question whether capitalism is the solution.
The time to act is now.
Our leaders commit their organizations to specific actions that create long-term value for all stakeholders.
We are accountable for our actions.
Members’ commitments are measurable and made public on the Council’s platform.
The Council is inclusive.
Our members lead diverse organizations across all sectors and geographies—from industry leaders to mid-caps to small business owners—to scale the impact.
We are witnessing a historic shift in our economies as more businesses derive greater value from intangible rather than tangible assets. Measuring these intangibles is both important and notoriously difficult. That is why we applaud the Coalition for Inclusive Capitalism for bringing together key stakeholders.
Ronald O'Hanley, Chair and CEO of State Street Corporation
We have to learn a lasting lesson from recent crises: A more inclusive and equitable capitalism is better for business and for Americans. I encourage leaders at every level to use their power, platforms and resources to help their employees and communities overcome the challenges we face and build a better world for us all.
Roger W. Ferguson, CEO, TIAA
Capitalism can and must do better to ensure its economic benefits are more fairly and broadly available to everyone, without overburdening the planet.
Inclusive Capitalism is fundamentally about creating long-term value that benefits all stakeholders – businesses, investors, employees, customers, governments, communities, members of society, and the planet.
A capitalism that is inclusive:
- Produces equitable and sustainable growth that empowers others and that addresses society’s needs.
- Empowers everyone to partake in the economic system in a responsible way and to be fairly rewarded for their effort.
- Means that every individual is able to reach for and realize opportunity irrespective of criteria such as socio-economic background, gender, ethnicity, religion, or age.
- Ensures that one generation does not realize near-term gains at the cost of future generations, nor one actor unfairly garnering benefits at the expense of others.
At the Council, we believe that strong and productive economies are those that are inclusive, equitable, and sustainable. We invite you to join us to advance a more inclusive capitalism.
