2. SocioCapitalism is and has been Capitalism for Millennials. You havent been paying attention. Bernie has.
If you watch Shark Tank you may have noticed a trend. Entrepreneurs dont just want to make a profit, they want to make a profit and share their success with those less fortunate. I first saw this in the mid 90s when Rob Glaser founded Progressive Networks and promised 5 pct of their profits to those less fortunate.
We saw this type of philanthropy gain interest with Toms Shoes and their One for One program.
Today, charitable give aways, or inclusive hiring as part of a product or service purchase is more than just common place. We see it on Shark Tank in almost every pitch from a 20-something entrepreneur. Several of my recent Shark Tank deals reflect this trend, RRiveter , Combat Flip Flops, Living Christmas Trees to name just a few.
Not only are 20-something entrepreneurs starting companies with a social component , 20 Something consumers are EXPECTING a social component from companies they do business with.
So how can it be a surprise that Millennials are excited about Bernie Sanders ? Millennials EXPECT capitalism to reflect a socialist element. I dont think Bernie knew this going in. Either way, any candidate that expects to get millennial votes needs to understand that your fathers capitalism is not what how they understand the world. Soci0-Capitalism is who they are and what this country will be. Whether you like it or not.
To each according to their ability, from each support for those in need. d
http://blogmaverick.com/2016/02/08/some-thoughts-on-the-presidential-race-and-sociocapitalism/