Book Explores Fringe Alternatives to Capitalism, But Scalability Remains an Open Question
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Reviewer wrestles with whether the alternative economic models described will ever grow to challenge the capitalist system, despite their virtues.
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The book brings together a range of ways people are contesting capitalist norms, from incorporating companies differently to new approaches to hiring, paying, and sharing value.
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Examples like Mondragon show the viability of alternative approaches, but after 50+ years Mondragon remains an isolated example.
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Universal basic income pilots show promise, but lack political will to scale despite positive evaluations.
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Purpose-driven B Corps are growing, but still only represent 0.1% of global GDP, so true alternatives remain on the fringes.