Can Capitalism Work Better for Everyone? | With Martin Whittaker
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Can Capitalism Work Better for Everyone? | With Martin Whittaker
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Capitalism has a PR problem. Martin Whittaker thinks the solution isn't abandoning it but rather making it work better for more people.
Martin is the CEO of JUST Capital, an organization built around a big idea: Business can be one of our most powerful tools for solving society's toughest problems, particularly when doing good and doing well point in the same direction.
In this week's episode of Power & Impact, we talk about why Martin chose business after earning his Ph.D., how JUST Capital set out to "bend the arc of capitalism," and why jobs, wages, opportunity, and economic security matter so much to people's faith in the system.
We also explore AI. Martin sees enormous potential for the technology to boost productivity and expand opportunity. How businesses put it to work will help determine what that opportunity looks like, especially for young people trying to find the entry-level jobs that have traditionally launched careers.
Finally, we discuss philanthropy, incentives, the power of work, and creative approaches that bring business and social purpose together to solve difficult problems.
It all comes back to one question: How do we build a future in which more people believe they have a stake?