Interdependent Capitalism: Redesigning the Social Contract through Inclusive Stakeholding

Product Description

The story we’re telling is simple: as humans have globalized, family values have not scaled well. Not so many lifetimes ago, we lived in kin tribes comprised of our aunts, uncles, cousins, and other relatives. Because of the genetic relatedness of our fellow kin, our interests were aligned according to the principles of inclusive fitness.

Today, we no longer in live in kin tribes. The roles once played by our extended kin are often played by strangers. Fake news, fake foods, and fake politicians are catalyzed by the same underlying phenomenon of low alignment. Heroes we admired used to be our uncles and aunts. Now, we admire celebrities who maximize profit by encouraging us to buy their endorsed products. Such transactional dynamics have transformed virtually every type of human relationship, right down to the Tinder culture.

When misaligned interests are combined with competition, a “race to the bottom line” ensues. If we force one media company to use less clickbait, another will use more in order to pick up the other’s market share. If we force one food company to use less sugar, another will use more to fill the void in the market. In a way, the Kardashians and high-fructose corn syrup are really the same phenomenon—the inevitable outcome of a race to the bottom line, when misalignment meets capitalism.

The time has come to rewrite our social contract for the modern era.

We are writing this book to help audiences around the world imagine entirely new types of social, political, and economic institutions based on inclusive stakeholding, congruent goals, and a vested interest in the success of others—attributes that were inherent in the inclusive fitness of our prehistoric social systems.

The time has come for Interdependent Capitalism.

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