The Power of Stakeholder Capitalism

Stakeholder capitalism is not about politics. It is not a social or ideological agenda. It is not “woke.” It is capitalism, driven by mutually beneficial relationships between you and the employees, customers, suppliers, and communities your company relies on to prosper. This is the power of capitalism.

— Larry Fink, 2022

From the letter Letter to CEOs from Larry Fink in 2022