Coalition Of Impact Heavy Hitters Urges Coordinated White House Effort To Redefine Capitalism

A coalition of more than 50 impact-oriented organizations, spearheaded by the U.S. Impact Investing Alliance and B Lab, just stepped up to the bat in a big way, pushing for the creation of what they’re calling a White House Initiative on Inclusive Economic Growth. The aim would be to coordinate federal policies focused on boosting stakeholder capitalism and community investing.

Ultimately, the objective is to redefine capitalism—to go beyond incremental change, the better to address a trifecta of massive crises: the economic fallout from the pandemic, a widening racial wealth gap and the impact of climate change.

“We believe that solving these social, economic and environmental challenges requires

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