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Principled Capitalism

October 3, 2018
Uploaded by Tony Clack - Category: Considered Proposal - Tags: #capitalism  #merit  #organisational merit  #incentives  0 962 0
This paper puts forward a new approach called Principled Capitalism. 

We believe Principled Capitalism, when applied to organisations, can address many of the current issues in society and at the same time set in place an enhanced system that is designed to benefit all, not just the few, on an on-going basis.

In the UK we have enough experience of capitalism to know that it broadly works for us but also to understand some of the Pros and Cons. Principled Capitalism is an attempt to now move on a stage both addressing the Cons and accentuating the Pros. As a result resetting our expectations of organisations operating in the UK.

Essentially the objective is to change our society over time to be based on merit and reward merit, whether organisational merit or personal merit, at every turn.

The objective of Principled Capitalism is also to be relevant to the long-term and future generations, not just the short-term. In particular to take account of the speed of technological change and in particular the high potential but likely disruption of some of the advances such as Artificial Intelligence.