What is Conscious Capitalism?

Conscious capitalism is an economic system which builds on the foundations of capitalism (free markets and private ownership of production) but also follow a business strategy that aims to support both people and the environment (environmental and social responsibility). 

Guiding Principles of Conscious Capitalism

Conscious Capitalism has four pillars that guide a socially responsible and ethical business:

• Higher purpose
• Stakeholder orientation
• Conscious leadership
• Conscious culture

Related Topics

• Economics
• Scarcity in Economics 
• Division of Labor
• Microeconomics
• Macroeconomics
• Theory and Models 
• Traditional Economy
• Command Economy
• Centrally Planned Economy
• Market Economy
• Free Market Economy
• Collaborative Economy
• Private Enterprise
• Mixed Economy
• Underground Economy
• Black Economy
• Government Market Regulation
• Capitalism
• Conscious Capitalism
• Communism
• Centrally Planned Economy
• Socialism
• Marxism
• Egalitarianism
• Plutocracy
• Neoliberalism
• Underground Economy
• Black Economy
• Globalization
• Imports and Exports
• Gross Domestic Product
• Fiscal Policy
• Social Economics
• Positive Economics
• Mathematical Economics
• Constitutional Economics
• Labor Economics
• Organizational Economics
• Development Economics
• Behavioral Economics
• Environmental Economics
• Evolutionary Economics
• True-Cost Economics
• Managerical Economics
• Experimental Economics
• Welfare Economics
• American Economic Association