Transforming Ownership to Create a Better Economy
Armin Steuernagel, TEDx Zürich Nov 2017
Private ownership of companies drives our economic system but it has also created corporations that put profit above everything else, a divided society and a planet on the brink of destruction. Armin Steuernagel co-founder of Purpose proposes a new way to think about ownership: Steward-ownership replaces executives with leaders who are truly responsible and accountable. It creates an economy where companies are owned by the most able, not by the highest bidder and where a purpose is at the heart of every company’s DNA.