Is a ‘Not for Profit’ (NFP) world imaginable?

This link to a Guardian article from two co-directors of the Post-Growth Institute tackles this question that is asked by radical thinkers about the unsustainable nature of exponentially growing economies on our finite planet. To quote:

… we live in a for-profit world.

This way of conducting business has led to socioeconomic inequality, with capital gains and company dividends the largest contributor to income divides. What else could we expect when private profit is seen as the driver of economic activity and profit maximisation is the priority of most big businesses?

Furthermore, the social stratification that results from global financial inequity is tied to ecological devastation, driving our ongoing march towards full systems collapse in the next 50 years.

After outlining many examples of NFP enterprises in the UK and around the world, the article reaches this conclusion:

… For the first time in modern history we have the structures, capabilities and impetus to evolve to an NFP world, in which the best energies and drivers of good business are harnessed for our collective flourishing.

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