This group might restore capitalism’s good name

Published May 11, 2018 4:00am ET



It’s no secret the word “capitalism” has a negative connotation in popular culture, especially among the youths. A 2016 Harvard University study found that 51 percent of 18- to 29-year-olds do not support capitalism. It’s gotten so bad that many on the Right have abandoned their attempts to defend the word altogether. As one of the poll’s conductors, Zach Lustbader, told the Washington Post, “You don’t hear people on the right defending their economic policies using that word anymore.”

Yet, there is a group out there that still proudly embraces the word “capitalism.” Surprisingly enough, they’re not a conservative movement, but rather a broad coalition of business leaders and entrepreneurs that seem more influenced by the Silicon Valley Left. The group is Conscious Capitalism, and I attended their annual conference in Dallas last week.

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