Future of Market Capitalism

Posted by John Fees on Tuesday, July 14, 2009

This is a useful summary regarding the challenges facing capitalism. The timing of the Catholic Church suggesting a moral framework for market capitalism couldn't be better.  

In my view the recent failures of capitalism are not as much a failure of markets as a failure of morality.  The first place I start in evaluating companies and their potential is to understand the values behind the entrepreneurs.  If the only goal is money, then the purpose of the company will not likely endure or benefit from our approach.  Money is the result of providing and creating real value for customers.  

The focus of a business or organization is to uniquely fulfill this purpose - capital, talent and ideas are required / but each rest on a solid moral foundation.  I am inspired by leaders of faith and look for them to help shape and transform the future of market capitalism.

http://www.nytimes.com/2009/07/12/weekinreview/12dougherty.html


Tags: leadership  market capitalism  faith 
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About Me


John Fees John Fees is an entrepreneur, strategic marketing executive and business leader in the fields of affinity, collegiate and partnership marketing. During the course of his career, John has founded and led successful companies specializing in strategic marketing and media, affinity, partnership marketing and financial services. Currently, he serves as the co-founder & managing director of NGI Group. NGI Group is a large shareholder in portfolio companies including GradGuard, MassDrive & MyLifeProtected.