Warren Buffett Capitalism has lifted humanity out of the dirt. Business is good and noble and heroic. But capitalism and business are hated and mistrusted. Until business changes this narrative, that won’t change."That is the idea, according to self-made billionaire John Mackey, behind the "conscious capitalism" conference taking place in SA at the time of writing. He founded the conscious capitalism movement, which attracts a small but growing number of capitalists. "Money," he says, "is not what drives most entrepreneurs. They have some kind of dream, some kind of passion. They’re creative individuals with a higher purpose."Contrary to some reports, capitalism’s purported values are not the problem. Always and everywhere, free-market capitalism has overwhelmingly beneficial consequences, especially for the poor and needy, and the environment. The problem is how it has been portrayed by friends and foes. Enemies presuppose, mistakenly, that capitalism rewards and is based on immora...
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