“Create wealth like a Capitalist, distribute it like a Marxist.” Here’s what that looks like… Simon Biltcliffe believes that Capitalism is a great way to create wealth, but is terrible at distributing it. And Marxism can’t create wealth for toffee, but has great principles for distributing it. Adjust for externalities, and there you have the […]
Profit
Empowerment and Response in a Time of Recession and Volatility
It’s tough to make decisions and run a business with the volatility we’ve got going on around us, but there’s one business priority at the highest level which I think those of us running SMEs should keep focussed on. Watching politics at the help of the UK right now, you can’t help but feel that […]
When things go wrong, do you fix the transaction or the relationship?
S**t happens. And when it happens with a client, you can choose whether you use the opportunity to genuinely make a difference, or to abuse it. We’ve recently returned from visiting stunning Croatia. While on Hvar, we’d booked a small boat for the day – my son is a licenced boat driver (I’ve heard the […]
Art and commerce collide to cut 93% carbon from the production of film sets
This episode of the Karmic Capitalist podcast is a real testament to the role of innovation in cutting our environmental footprint while creating a more profitable and attractive solution. The film production industry has a shocking track record in terms of its environmental impact. In order to create a top end 30 second advert, vast […]
What if you focussed your company’s work on improving lives rather than maximising profit?
How would your company look if you made an explicit decision to be guided in your strategy, your operations and your decision-making by a principle to improve lives rather than maximise profit? What if you decided what level of profit is necessary to achieve that goal, settled for that, and then used your P&L in […]