Growing Stakeholder Value

Our economy has many stakeholders - society, environment, commerce.
Governments have a responsibility to ensure all stakeholders are served fairly.
They have to grow value for all stakeholders.
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Latest blogs.
Category
Environment
Date
20th August 2019
Author
Adrian Dore
Subject
Extinction Revolution - right but wrong.
Summary
Certain radical environmental groups are angry and motivated enough to cause social disruption in getting their message across that our dysfunctional economy is destroying us. They claim hard scientific evidence suggests that within our current population`s lifetime, we will lose over 85% of the human population to starvation, wars and unrest, as well as the destruction of the planet`s ecosystem, because of our dysfunctional economy. Let`s, therefore, be thankful for people who are prepared to place their safety and reputations on the line to get this message placed at the top of our global agenda. That`s what`s good about these radical movements. However, we need more than doom and gloom message; we need a plan. What and how do we change. That`s what this article is about.
Category
Politics
Date
1st August2019
Author
Adrian Dore
Subject
The 5 Causes Of Our Dysfunctional Economy.
Summary
Calling our economy dysfunctional is contentious. However, is one group right and the other wrong in this debate? Most definitely. In a democracy, there can be no question or doubt about it. The economy must serve the needs of the majority. Therefore, equally, there can be no question or doubt about it - our economy is dysfunctional, as it no longer serves the needs of the majority. It has been hijacked by a small minority to serve their needs, at the expense of the majority. When majority needs are not served, we have a problem on our hands. Isn`t it better to deal with the problem than ignore it, as it will soon become unmanageable. This article highlights the five key underlying causes of our dysfunctional economy.
Category
Economy
Date
22nd July 2019
Author
Adrian Dore
Subject
The disastrous practice of governments "overtrading."
Summary
Governments can overtrade just as businesses can - both with disastrous consequences. In the case of business, they collapse and pass into history, but for governments, their deficits grow and with it their austerity programmes. The quality-of-life for the majority plummet. They pay the price for the government`s stupidity in chasing GDP growth and following an inappropriate economic policy.
Category
Politics
Date
15th July 2019
Author
Adrian Dore
Subject
Putin - liberalism is "obsolete." Is he right?
Summary
Just before the G2 Summit, Putin gave an interview to the Financial Times, where he said liberalism is "obsolete." That liberal ideals conflict with the interests of most people. Naturally, he got a fiery response from many in the West, but how much truth is there to what he said? He may not be right on many issues, but there is a lot of truth to what he says on this matter.
Category
Business
Date
7th July 2019
Author
Adrian Dore
Subject
What creates our wealth?
Summary
When most people are asked "what creates wealth", they miss the most crucial aspect of all - our investment in common assets. Our institutions, infrastructure, stable and prosperous society, all the things which provide us with the markets and ability to trade effortlessly and securely. It's taken considerable time and money to build all of this, but to take it for granted is a serious mistake. To believe it no longer requires investment and development, weakens the very thing which underpins our wealth creation.
Category
Economy
Date
1st July 2019
Author
Adrian Dore
Subject
Can New Zealand break the GDP deadlock?
Summary
New Zealand has recently adopted a "wellbeing budget." While I`m in favour of augmenting economic measures with wellbeing measures, I have grave reservations of its possible success, based on some fundamental concerns.
Category
Environment
Date
24th June 2019
Author
Adrian Dore
Subject
Hold politicians liable for environmental and social harm.
Summary
The recent spate of civil disobedience in the UK, France and elsewhere against environmental and social concerns, have these individuals criminalised for legitimate concerns. The real culprits, who have allowed these harmful practices to pervade society - our politicians, walk away unscathed. Isn`t it time to rethink how we hold them accountable?
Category
Economy
Date
17th June 2019
Author
Adrian Dore
Subject
Free enterprise vs free markets.
Summary
If the preservation of capitalism is important to you, then you need to distinguish between free enterprise and free markets. If you donít, free markets will so severely tarnish the image of free enterprise, making the implementation of a new, more socially aware version of capitalism unlikely.
Category
Economy
Date
10th June 2019
Author
Adrian Dore
Subject
Beyond macroeconomic measures.
Summary
The OECD (Organisation for Economic Co-operation and Development) issued a report in November 2018 called "Beyond GDP: Measuring What Counts for Economic and Social Performance." It highlights how inadequate and inappropriate our macroeconomic measures are. However, we need to go even further and acknowledge that our microeconomic measures, namely our business measurement standards, are equally inappropriate and inadequate.
Category
Economy
Date
3rd June 2019
Author
Adrian Dore
Subject
Capitalism works provided you have the right version.
Summary
Capitalism is coming under increasing criticism as it no longer serves the needs of the majority. However, it's not capitalism which is at fault, but the version of capitalism we've adopted. It's hopelessly imbalanced and the root cause of our most serious social, environmental and economic problems. We need to change it now for a version which works or face losing capitalism forever.
Category
Environment
Date
31st May 2019
Author
Adrian Dore
Subject
Inclusive Theory - beyond Stakeholder Theory.
Summary
Most of us appreciate that the demands we place on our planet and ecosystem are unsustainable. While much of our attention is directed at business`s role in this, it`s us, the consumer, who has to undergo radical change in how we live our lives, together with our expectations. We are a vital part of the supply chain, so the rules and responsibilities within the chain don`t end with the manufacturer/supplier, they include the consumer. We are all accountable and responsible. This is what "Inclusive Theory" embodies. It takes the concept of "Stakeholder Theory" and extends it to incorporate consumers, building a responsible and accountable society.
Category
Business
Date
30th May 2019
Author
Adrian Dore
Subject
Service sector - a poor substitute for manufacturing.
Summary
The recent collapse of British Steel highlights the weakness of neoliberal governments in not appreciating the importance of their manufacturing sector, believing their service sector is a substitute, when it`s nothing of the sort.
Category
Economy
Date
23rd May 2019
Author
Adrian Dore
Subject
Dysfunctional economy - facing up to reality.
Summary
The masters of our economy, the wealthy, don`t believe we have a dysfunctional economy. From their perspective we don`t, but the majority don`t agree. They`ve been carrying the burden of a dysfunctional economy for too long, and like it or not, they hold the power to change things. Isn`t it about time we faced reality?
Category
Economy
Date
16th May 2019
Author
Adrian Dore
Subject
Tax cuts - leading the race to the bottom.
Summary
Tax cuts are supposed to provide economic stimulus. The problem is that when cuts are made to tax revenues already below what government requires to fulfil its obligations to its citizens, they do more long-term harm to our dysfunctional economy than their marginal short-term gains, which will soon be lost.
Category
Business
Date
10th May 2019
Author
Adrian Dore
Subject
What is the purpose of business?
Summary
Understanding what the purpose of business is should be clear to everybody, but its not. The issue is deliberately confused and we are mislead to ensure business continues to serve the wealthy one per cent, at the expense of society and environment.
Category
Economy
Date
25th April 2019
Author
Adrian Dore
Subject
"Vacuum-Up" - the truth behind the "Trickle Down" hoax.
Summary
"Trickle Down" is more than a hoax and a barefaced lie, as it hides a malicious, manipulation of the economy by the wealthy one per cent, to weaken and exploit the majority.
Category
Environment
Date
18th April 2019
Author
Adrian Dore
Subject
Focus on the cause - not the symptoms.
Summary
The "Extinction Rebellion's" disruption campaign in London has certainly placed environmental degradation on the political agenda. While this is an important concern, it is only one of the many serious symptoms of a dysfunctional economy. We know there are numerous contributing factors to a dysfunctional economy, but one stands apart from all others. By addressing it, we will provide a more balanced economy.
Category
Society
Date
11th April 2019
Author
Adrian Dore
Subject
Austerity - an inappropriate response to financial difficulty.
Summary
Austerity programmes do not address government financial problems, they lead to worsening financial problems by reducing the money in circulation. It benefits the wealthy one per cent, not the majority.
Category
Economy
Date
27th March 2019
Author
Adrian Dore
Subject
How the wealthy 1% control the economy through their measures.
Summary
The most effective way to control the economy is to control its measures. That`s precisely what the wealthy one per cent have done. They control our macro and micro measures to make sure they work for them and nobody else. To get our dysfunctional economy to work for the majority, we need to change these measures.
Category
Economy
Date
18th March 2019
Author
Adrian Dore
Subject
Anti-Capitalism - barking up the wrong tree.
Summary
Capitalism is not the cause of economic inequality or any of the other problems caused by our dysfunctional economy.
Category
Economy
Date
11th March 2019
Author
Adrian Dore
Subject
Who is addressing the problems of economic injustice?
Summary
There are a lot of anti-capitalist groups around the world - and for good reasons. There are also a few prominent pro-capitalist groups, claiming they want to make capitalism "more inclusive" or "conscious." But, are they making any progress in reforming capitalism, or are they just part of the plan to mislead us? Are they helping or delaying our progress towards a more equitable economy?
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