Stakeholder Capitalism

The fifth and final episode of the #StakeholderCapitalism video-podcast has arrived.This week we ask, what if economies aimed for more than just short term profits and readdressed their role in society and accountability to stakeholders?What about 'Stakeholder Capitalism'?Guests:Emily Bayley. project lead of the World Economic Forum’s ESG InitiativeJonas Prising, CEO of Manpower GroupGeraldine Matchett, CFO and co-CEO of Royal DSM5c0NN1fa0Jr8bZi4Vtou

While the value of big tech companies has soared, what problems has that created? A lack of market competition and the impact that has on economies, data protection concerns, falling public trust. Is big tech too big, and what should be done? Guests: Zia Qureshi, fellow at the Brookings Institute; Marietje Schaake, International Policy Director at the Cyber Policy Center of Stanford University.

The decline of incomes for the bottom 50% of Americans has coincided with a fall in union membership. This episode looks at how those two facts might be linked and looks to Denmark where union representation is welcomed by employers. Guests: Heather Long, economics correspondent at The Washington Post; Thomas Søby, chief economist of the Danish metalworkers union.

The whole world looks at gross domestic product to gauge economic success. It’s a simple, single number that makes comparisons over time and between countries easy. But it does not reflect people’s incomes and fails to include anything that does not have an easily calculated monetary value, such as the natural environment. How can we measure our economies in a way that does not encourage environmental destruction, that gives a better indication to how real people are doing, and perhaps even looks beyond monetary wealth to include things such as personal well-being and even happiness? This episode of Stakeholder Capitalism asks, how can we go beyond GDP?Guests: Diane Coyle, co-director of Cambridge University’s Bennett Institute of Public Policy; Girol Karacaoglu, head of the School of Government, Victoria University of Wellington, New Zealand.Hosts: Natalie Pierce and Peter Vanham

Can capitalism be made to work for all of us - and to improve rather than destroy the state of the planet?That’s the questions asked in the book Stakeholder Capitalism written by World Economic Forum Founder and Executive Chairman Klaus Schwab and Peter Vanham, Head of Communications, Chairman’s Office at the Forum.On this 5-part podcast series, Peter Vanham and co-host Natalie Pierce dive into some of the main problems with global capitalism and ask expert guests if there are better ways of doing things - from the way we measure economic success, to addressing crippling inequalities and climate catastrophe.