Why Business is Undemocratic
Why business is an undemocratic concept. By its very nature and the value system which it generates, the business ideology is one that is detachment promoting and ultimately unsustainable.
The idea of profits promotes indifference towards environmental concern or human welfare. In this video I break down the many facets of this and provide evidence for my case.
The end solution to this is not regulation of business, but rather the transformation of society from one based on money and markets to one that is guided by the the scientific method applied towards economy and human culture.
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Video Sources:
-The Book "Business as a System of Power":
https://www.routledge.com/Business-as...
-Princeton Study on why the U.S. is an oligarchy:
https://act.represent.us/sign/problem...
-Berkley: Higher Wealth & Unethical Behavior:
https://www.pnas.org/doi/full/10.1073...
-Capitalism as a Zero Sum Game: Mathematics of Inequality:
https://now.tufts.edu/2017/10/12/math...
#business #economics #capitalism
0:00 Intro
0:58 Business & Systems Thinking
3:10 Business & Labor
4:26 Business is Fascist
5:16 Inequality, Politics & Society
8:22 Business & Democracy
11:28 Where We are Headed
12:23 The Transition: What to Do