Davis: Klingons are more likely than socially conscious capitalists

Conscious capitalism advocate Craig Davis says the media and marketing industry needs to focus less on profit and more on making positive changes to society.

Davis, speaking at the Mumbrella360 conference, said the purpose of capitalism had become lost and it was not just about making money.

“We’re operating in a capitalist system all the time and probably don’t really appreciate it,” said Davis.” What it’s done in the last two hundred years is extraordinary. It has lifted hundreds of millions of people out of poverty. It has raised literacy around the world like nothing else. It’s brought prosperity to millions, billions of people.”

“People are now focused on making money. Making money almost at all costs. So it breeds short-termism, it breeds self-interest and it breeds greed. But that’s not the true and noble and heroic spirit of capitalism at its best.” Davis said a lot of people believe conscious capitalists didn’t exist and told the story of how a cab driver he recently travelled with had summarised the problem to him nicely.

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