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Benefit Corporation Law and Governance by Frederick Alexander

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Epilogue

I wrote this book because of my belief that the incredible gains of modern civilization that have lifted billions out of poverty are threatened by some of the very elements that brought those gains. The atmosphere’s carrying capacity for greenhouse gas is limited; society’s carrying capacity for inequality is limited; the financial system’s capacity for risk is limited. The monocapitalist system that evolved as a means for allocating economic resources simply does not adequately address these limitations. Continuing to rely on a legal and financial system that answers only to financial capital is untenable.

Attempts to address the threats to our rapidly diminishing stocks of human, social, and natural capital through regulation and repair ...

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