Are capitalists profit-hungry evil folks, or can capitalists actually lead a better, more equitable, more sustainable recovery? Mark Horoszowski, CEO of MovingWorlds explains why corporate responsibility and social impact is a true selling point these days, why Corporate Social Responsibility (CSR) conversations have skyrocketed, and the amazing growth of Environmental, Social, and Corporate Governance (ESG) investing.

Tap/Click on a topic to jump

 

Capitalism and… social good?

The Biden administration tried increasing the carbon tax and moving forward the SEC may require (Environmental, Social, and Corporate Governance) ESG reporting, but this positive social change is already here.

boy in a sweatshop
Clothing manufacturers have been under fire for using forced labor overseas.

Capitalism is driving equity, sustainability, and social good, and corporate social responsibility (CSR) conversations have skyrocketed. There’s even incredible growth in ESG investing, now accounting for 33% of assets under management.

Play Segment on ESG Investing.

 

I think younger people have a bizarre view of capitalism because they don’t understand the nuance of what drives business. They completely write off the fact that consumers are the true drivers of capitalism. Consumers don’t have to do business with greedy companies and are motivated to do business with companies with strong missions. Companies like Allbirds, Warby Parker, Bite, and Blk & Bold grew at rapid rates in crowded markets because of their CSR efforts.

Play Segment on social impact being good for business.

 

Companies like Starbucks have long advocated for strong CSR efforts, paying their employees well, giving even part-time workers health benefits, and even paying for college.

 

Show Notes and Links

 

10 Day Press Guide

Resources For Entrepreneurs

Are you an entrepreneur that wants more attention in the media and your market? Sign up and I’ll send you a free PDF download to get you media and press attention in 10 days, plus search engine marketing resources, and podcast guest access, and content tactics to get more web clicks.


 

Thank you for contacting me!