What if Purpose Ruled the World
As the pandemic has stood the world on its head, one of the debates which has been thrown wide open is that of the future of the economy. This article is part of PSJP’s inquiry into how markets can be made to work for the common good and how economies can be made to serve the general interest, rather than that of the few.
Steward ownership transfers leadership of a company to the individuals operating the company. It places purpose over profit and ensures longevity, good business as well as a diversified economy. The model is gaining traction in Europe. Armin Steuernagel explains why this is an approach the world cannot afford to ignore.