The Problem
About
“The problem with socialism is socialism. The problem with capitalism is capitalists.”
Capitalism is widely misunderstood and so vilified. Whether by society at large or even by business leaders themselves. The cause is not simply an intellectual one. It is born out of their experience with businesses and business leaders themselves.
Too many business leaders have led these misunderstandings and live out the stereotype of the capitalist villain. Sometimes by remaining silent about or actively opposing the principles of capitalism, the system in which they operate. And sometimes by not adhering the principles of capitalism in how they operate their business.
Not enough business leaders are driven by principles to advance capitalism.
The Solution
A movement of principled business leaders that are committed to being the best representatives of and advocates for capitalism they can be, to the principles of capitalism.
It’s time to call upon business leaders to be the best representatives of and advocates for capitalism that they can be. It’s time for Principled Business.
Vision
A movement of millions of business leaders advancing the principles of capitalism.
The
Strategy
To help three key stakeholders understand and advance capitalism:
Help Seasoned Business Leaders share their wisdom, stories, and opportunities for collaboration.
Inspire more people to become Entrepreneurs and provide them with education, resources, and a network to help them succeed.
Share the stories and impact of principled business leaders with the Public at large, including students, social organizations, and the media, to show why business is the greatest force for good.
The
Principles
Principled Business Leaders are pro-capitalism and are committed to the principles of capitalism, striving to embody them, advocate for them, and collaborate with others on those principles.
Capitalism is the system of voluntary trade of goods and services. There are a number of principles that underlie this, which principled business leaders strive to embody, advocate for, and collaborate with each other based on, including:
Respect for Individual Agency - The concept of voluntary exchange and private property depends on a respect for each individual’s agency, dignity, and rights.
Value Creation - Profit is a byproduct of creating value for others that did not exist before. Making money is different from taking money from others.
Alignment of Interests - What’s more, to engage in voluntary trade, there must be an alignment of interests, what is called nowadays as a win-win-win where everyone is better off thanks to the trade.
Collaboration - To engage in economic trade, people need to collaborate. Capitalism isn’t about competition as much as collaboration between people, finding ways to help each other.
Increasing Opportunity - A result of this is the opportunity for everyone to do what hasn’t been done before, to create new companies, new products/services, new roles, new value that didn’t exist before.