Skip to content Skip to footer
|

The B-Team Tries to Save Capitalism. Is it worth saving?

A group of hyper-capitalists, including Sir Richard Branson and Arian Huffington recently launched the “B-Team.” As Huffington describes it, the global business leaders come together to form the B-Team in order to “introduce a Plan B that will prioritize people and planet alongside profit and to move beyond our obsession with quarterly earnings and short-term growth.” Don’t be duped. Looking to the B-Team to solve wealth inequity and is like someone going Vegan and following the lead of McDonalds for dietary advice.

A group of hyper-capitalists, including Sir Richard Branson and Arian Huffington recently launched the “B-Team.” As Huffington describes it, the global business leaders come together to form the B-Team in order to “introduce a Plan B that will prioritize people and planet alongside profit and to move beyond our obsession with quarterly earnings and short-term growth.”

Don’t be duped. Looking to the B-Team to solve wealth inequity and is like someone going Vegan and following the lead of McDonalds for dietary advice.

That is not to say the B-Team will not have legions of fans and supporters. This will play well with the Moveon.org crowd, I am sure, who might support the argument that a healthy mix of capitalism with a socialist sprinkle has worked best historically here in the United States, along with an economy that incentives upward mobility. However, that analysis assumes and accepts a class system that is, in my opinion, immoral.

Capitalism, as it has been said by other much smarter than me, requires hierarchy, exploitation & polarization. The global revolution against neo-liberal ideals that is currently emerging is based on a vision of another world that is possible that has as its common denominator democracy with a big D and egalitarianism. This global revolution should no more seek solace from the B-Team than Little Red Riding Hood should ask the Big Bad Wolf for directions out of the forest.

Countdown is on: We have 5 days to raise $36,000

Truthout has launched a necessary fundraising campaign to support our work. Can you support us right now?

Each day, our team is reporting deeply on complex political issues: revealing wrongdoing in our so-called justice system, tracking global attacks on human rights, unmasking the money behind right-wing movements, and more. Your tax-deductible donation at this time is critical, allowing us to do this core journalistic work.

As we face increasing political scrutiny and censorship for our reporting, Truthout relies heavily on individual donations at this time. Please give today if you can.