Reinventing Capitalism: a transformation agenda

Capitalism, in its current form, is unsustainable – socially, environmentally, and economically. As part of its work to update its Vision 2050, the World Business Council for Sustainable Development (WBCSD) has released this brief to explain why capitalism can and should change, and how we can go about transforming it. The brief takes stock of modern capitalism, explains why it is delivering unsunstainable outcomes, and presents a compelling case for reinvention. It then outlines a more inclusive, just, and sustainable model of capitalism - one that is stakeholder-oriented, impact-internalising, long-term, regenerative, and accountable. It concludes by charting a path from here to there, including priority actions for business, capital markets, and in regard to policy and regulation.