CNBC featured Omidyar Network’s call to investors to take a new approach to capitalism.
“Omidyar’s group is encouraging leaders across the country to look at the economic system as a way to “equally ensure that people who have been historically and systematically marginalized by structural racism, colonialism, paternalism, and indifference will have opportunity, power, and the self determination that comes from economic prosperity and a vibrant, fair, and responsive democracy”.
“We think if anything it (the coronavirus) illustrates the need for this blueprint even more so,” Mike Kubzansky, CEO of the organization, told CNBC on Sunday. “We think it’s absolutely critical the focus is on, and take advantage of the moment people are focused on, essential workers, and try to increase their bargaining power,” he added.”
Read the full article here.