Alexander McCobin is the CEO of Conscious Capitalism and he has a message for business owners and entrepreneurs of the world. As an alumnus of of Students For Liberty and Young Voices, McCobin has done the movement proud and is bringing the message to the masses.
Here is a conversation taped last week between McCobin and Young Voices spokesperson, Stephen Kent. They talk about the problem capitalism faces in 2018, where it has been and where it is going.
#103: Alexander McCobin and “conscious capitalism”
You can find out more about Conscious Capitalism and their mission at: https://www.consciouscapitalism.org/
And follow Alexander on Twitter at @AMcCobin
June is Gay Pride Month, with cities across the country celebrating their LGBT citizens with grand parades, concerts and street festivals. The rapid growth of this annual event is truly remarkable considering that it traces its roots back to protests following the police raid on New York City’s Stonewall Inn in 1969. Less than 50 years later, what was once an act of resistance is now a mainstream celebration sponsored by dozens of major corporations — strong proof of capitalism’s ability to adapt to and even drive social change.
Sadly, some LGBT activists strongly disagree. A group called No Justice No Pride has disrupted Pride parades in at least eight cities in protest of the celebration’s increasing corporatization. In Washington, D.C., the group successfully held up the parade for more than an hour, blocking the streets with a sit-in and signs condemning companies like Wells Fargo.
Read more in the Washington Examiner
Cuba is sometimes idealized as a successful counter model to capitalism. This month, however, the University of Chicago’s NORC released a study about the opinions of Cuba’s population. The findings of the poll were clear: Cubans want capitalism.
The Cuban people are ready and willing to improve their lives, but the government prevents them from doing so.
This kind of information was not previously available because the Cuban government repressed information in and out of the island. As such, the study, based on in-person interviews with 840 randomly chosen adults, gives a rare glimpse into the sentiments of Cubans about the system under which they live.
Cubans on Cuba
65 percent of interviewees said they want to privatize more businesses and decentralize the economy. 68 percent see competition as a positive way to promote ideas and as a motivator to work hard. Many Cubans have an entrepreneurial mindset with 56 percent of the people planning to start a business in the next 5 years. To compare, 57 percent of Americans plan to become entrepreneurs. The Cuban people are ready and willing to improve their lives, but the government prevents them from doing so.
Further, only 13 percent of the population thinks the Cuban economy is doing well. GDP shrunk by almost one percent last year. Venezuela, one of Cuba’s main benefactors, had to reduce its oil deliveries by 60 percent due to their own economic crisis, which has had a heavy impact on Cuba’s GDP.
Read the rest of this piece on FEE