I’ve been involved for something like half a century with all kinds of entities, from some of the largest publicly quoted companies in the world, through privately-controlled small companies, to cooperatives, nonprofits, and charities. Your experience will be different from mine in terms of details. But I’m sure it will have included “privately-owned companies” that are mind-bogglingly philanthropic (and therefore very concerned about inclusive prosperity), as well as “charities” that are run mainly in the interests of the current trustees and/ or managers – and therefore not primarily concerned about inclusive prosperity at all! There are even “co-operatives” that have no sense of responsibility beyond enriching their own members; being a “co-operative” sounds good – […]

To answer that question, a niggling matter needs to be resolved first: the impression created by many individuals, organisations and agencies is that “prosperity” is already becoming more “inclusive”; is that, in fact, so? That question has two most likely alternative answers, dependent on whether the respondent likes to the look at the top of society or at the bottom of society. “Yes, prosperity is becoming more inclusive” Those who like to make that response like to look at the bottom of society, and point out that our global system has reduced absolute poverty by half since the year 2000. But if a human being who couldn’t have even one square meal a day earlier […]