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In this article for the Stanford Social Innovation Review, Harvey Koh, Senior Advisor at Dalberg, and Laura Amaya, Partner and Co-lead of the Responsible Business practice at Dalberg Advisors, explore how the current global economic system has failed to foster a livable society for all. Today’s capitalist model largely prioritizes the interests of external investors enabling exploitative models that have widened wealth gaps and degraded our natural ecosystem, they say.
Even where there is overall economic growth, continued concentration of ownership prevents ordinary working people, and marginalized communities in particular, from reaping the benefits of their contributions, reinforcing power imbalances and social inequalities.
