Opinion | Marc Benioff: We Need a New Capitalism

“But capitalism as it has been practiced in recent decades — with its obsession on maximizing profits for shareholders — has also led to horrifying inequality. Globally, the 26 richest people in the world now have as much wealth as the poorest 3.8 billion people, and the relentless spewing of carbon emissions is pushing the planet toward catastrophic climate change. In the United States, income inequality has reached its highest level in at least 50 years, with the top 0.1 percent — people like me — owning roughly 20 percent of the wealth while many Americans cannot afford to pay for a $400 emergency. It’s no wonder that support for capitalism has dropped, especially among young people.”

Opinion | Marc Benioff: We Need a New Capitalism
https://www.nytimes.com/2019/10/14/opinion/benioff-salesforce-capitalism.html
via Instapaper