{"id":16651,"date":"2019-01-15T18:00:50","date_gmt":"2019-01-15T23:00:50","guid":{"rendered":"http:\/\/omtimes.com\/iom\/?p=16651"},"modified":"2019-01-22T21:28:30","modified_gmt":"2019-01-23T02:28:30","slug":"enlightened-capitalism-its-not-an-oxymoron","status":"publish","type":"post","link":"https:\/\/omtimes.com\/iom\/2019\/01\/enlightened-capitalism-its-not-an-oxymoron\/","title":{"rendered":"Enlightened Capitalism &#8211; It&#8217;s NOT An Oxymoron"},"content":{"rendered":"\n<iframe loading=\"lazy\" src=\"https:\/\/www.podbean.com\/media\/player\/46kn4-a56b91&#038;?from=site&#038;skin=1&#038;fonts=Helvetica&#038;auto=0&#038;download=1&#038;share=1&#038;version=1&#038;btn-skin=108\" height=\"122\" width=\"100%\" frameborder=\"0\" scrolling=\"no\" data-name=\"pb-iframe-player\"><\/iframe>\n\n\n\n<p><strong>Aired Tuesday, 22 January 2019, 5:00 PM EST<\/strong><\/p>\n\n\n\n<p><strong>Enlightened Capitalism &#8211; It&#8217;s NOT An Oxymoron  <\/strong><\/p>\n\n\n\n<p>An Interview with B Corporation Pioneer John Montgomery <\/p>\n\n\n\n<p><em>&#8220;It&#8217;s time for the Golden Rule to overrule the rule of gold.&#8221;&#8211; Swami Beyondananda <\/em><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"200\" height=\"200\" src=\"https:\/\/i0.wp.com\/omtimes.com\/iom\/wp-content\/uploads\/2019\/01\/John-Montgomery.jpg?resize=200%2C200\" alt=\"John-Montgomery_Wiki-Politiki_OMTimes-Radio\" class=\"wp-image-16652\" srcset=\"https:\/\/i0.wp.com\/omtimes.com\/iom\/wp-content\/uploads\/2019\/01\/John-Montgomery.jpg?w=200&amp;ssl=1 200w, https:\/\/i0.wp.com\/omtimes.com\/iom\/wp-content\/uploads\/2019\/01\/John-Montgomery.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/omtimes.com\/iom\/wp-content\/uploads\/2019\/01\/John-Montgomery.jpg?resize=70%2C70&amp;ssl=1 70w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><figcaption><strong> John Montgomery<\/strong> <\/figcaption><\/figure><\/div>\n\n\n\n<p>Our show today is about Enlightened Capitalism and\nNO that is not an oxymoron, at least not according to today&#8217;s guest.&nbsp; At the same time we have to acknowledge that\nUNENLIGHTENED CAPITALISM has been allowed to run rampant, and people are\nstarting to notice, particularly young people.<\/p>\n\n\n\n<p>Last October, an astounding public opinion poll came out indicating that one third of Millennials identified as <a href=\"https:\/\/www.dailysignal.com\/2018\/10\/05\/poll-almost-a-third-of-millennials-identify-as-socialists\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"socialists (opens in a new tab)\">socialists<\/a>.<\/p>\n\n\n\n<p>Might this be seen as a sign that capitalism as it has been practiced has failed us?&nbsp; Thanks to a meme cultivated by economist Milton Friedman over 40 years ago, the ONLY purpose of a corporation is to make profit for its shareholders, and since the Citizens United Supreme Court decision nine years ago, it seems that corporations have taken upon themselves the right to extract and exploit in perpetuity, and send the cleaning bill to future generations.<\/p>\n\n\n\n<p>More and more awakening individuals are recognizing\nthat this form of extractor capitalism &#8212; what Naomi Klein calls &#8220;disaster\ncapitalism&#8221; &#8212; is not only obsolete but obsolethal.&nbsp; This old form of capitalism is doomed, and\nthe question is can it evolve?&nbsp; Or will\nit die, possibly taking Western Civilization with it?<\/p>\n\n\n\n<p>Our guest today John Montgomery is a champion of a new form of enlightened capitalism called the B Corporation, B standing for benefit &#8230; as in benefitting the world at large and not just the shareholders &#8220;at small.&#8221;<\/p>\n\n\n\n<p>An attorney in practice for 35 years, John founded a successful Silicon Valley law firm, now Montgomery &amp; Hansen, LLP, in 2003 and was previously a partner or attorney at prominent Bay Area law firms. In recent years, he&#8217;s been working with socially and environmentally oriented entrepreneurs to design new forms of governance to add conscience and consciousness above and beyond just profit. He was the co-chair of the legal working group behind California\u2019s benefit corporation legislation, which became law in 2012, and was a California Bar Association Magazine lawyer of the year and B Lab MVP and Champion awards winner for this work.<\/p>\n\n\n\n<p>He has since become a\nleading authority on the benefit corporation. He is the President-Elect of the Benefit\nCompany Bar Association, and serves on the advisory boards of&nbsp;B Lab\nEurope, the Purpose of the Corporation project&nbsp; and several benefit\ncorporations.&nbsp; John\u2019s work as an international advocate for the benefit\ncorporation and the emergent impact economy inspired him to incorporate <strong>Lex\nUltima<\/strong> in 2017.&nbsp;<\/p>\n\n\n\n<p>As John will tell you,\n&#8220;Lex Ultima&#8221; refers to what he considers the ultimate law of the\nUniverse &#8212; universal love.&nbsp; Indeed, his\nexperience tells him that companies that &#8220;lead from the heart&#8221; are more\nsuccessful in every way &#8212; more profitable, more efficient, and have happier\nemployees who stay with the company longer.<\/p>\n\n\n\n<p>Can more companies be inspired to do business &#8220;for the benefit of all&#8221;?<\/p>\n\n\n\n<p>Tune in this Tuesday, January 22nd at 2 pm PT \/ 5 pm ET  <a rel=\"noreferrer noopener\" aria-label=\"http:\/\/omtimes.com\/iom\/shows\/wiki-politiki-radio-show\/ (opens in a new tab)\" href=\"http:\/\/omtimes.com\/iom\/shows\/wiki-politiki-radio-show\/\" target=\"_blank\">http:\/\/omtimes.com\/iom\/shows\/wiki-politiki-radio-show\/<\/a> for a truly encouraging take on how the power of love can counterbalance the power of money.<\/p>\n\n\n\n<p>Or, find us on the Wiki archives on Wednesday:&nbsp; <a href=\"http:\/\/wikipolitiki.com\/archives\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"http:\/\/wikipolitiki.com\/archives\/ (opens in a new tab)\">http:\/\/wikipolitiki.com\/archives\/<\/a><\/p>\n\n\n\n<p>To find out more about John Montgomery and his work please go here:  <a href=\"https:\/\/www.lexultima.com\/people-1\/\">https:\/\/www.lexultima.com\/people-1\/<\/a> <\/p>\n\n\n\n<p><strong>One more thing&#8230; How\nYOU and WE Can Make a Difference<\/strong><\/p>\n\n\n\n<p>Have you noticed that\nregardless of which of the two political parties you vote for, neither of them\nseem to be willing to confront Monsanto and agribusiness?&nbsp; Are you disgusted and frustrated by the\nstonewalling by the two-party duopoly?&nbsp;\nAre you ready to empower a truly effective &#8220;third-way&#8221;\nmovement that can move the dial?&nbsp; Are you\nready for &#8230; oxymoron alert &#8230; FUNCTIONAL POLITICS?<\/p>\n\n\n\n<p>If so, go here to find out more: <a rel=\"noreferrer noopener\" aria-label=\"https:\/\/wikipolitiki.com\/functional-politics-an-idea-whose-time-has-come\/ (opens in a new tab)\" href=\"https:\/\/wikipolitiki.com\/functional-politics-an-idea-whose-time-has-come\/\" target=\"_blank\">https:\/\/wikipolitiki.com\/functional-politics-an-idea-whose-time-has-come\/<\/a><\/p>\n\n\n\n<p><strong>Support Wiki Politiki \u2014 A Clear Voice In The \u201cBewilderness\u201d<\/strong><\/p>\n\n\n\n<p><em><strong>If you LOVE what you hear, and appreciate the mission of Wiki Politiki, \u201cput your money where your mouse is\u201d \u2026<\/strong>&nbsp;Join the \u201cupwising\u201d \u2014 join the conversation, and become a Wiki Politiki supporter:&nbsp;<a href=\"http:\/\/wikipolitiki.com\/join-the-upwising\/\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/wikipolitiki.com\/join-the-upwising\/<\/a><\/em><\/p>\n\n\n\n<p><em>Make a contribution in any amount via PayPal (<a href=\"https:\/\/tinyurl.com\/y8fe9dks\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/tinyurl.com\/y8fe9dks<\/a>)<\/em><\/p>\n\n\n\n<p><em>Go ahead, PATRONIZE me! Support Wiki Politiki monthly through Patreon!<\/em><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/www.patreon.com\/wikipolitiki\" target=\"_blank\" rel=\"noreferrer noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"289\" height=\"68\" src=\"https:\/\/i0.wp.com\/omtimes.com\/iom\/wp-content\/uploads\/2018\/03\/Become-a-patron.png?resize=289%2C68\" alt=\"Become-a-patron_Wiki-Politiki_OMTimes-Radio\" class=\"wp-image-13593\" srcset=\"https:\/\/i0.wp.com\/omtimes.com\/iom\/wp-content\/uploads\/2018\/03\/Become-a-patron.png?w=289&amp;ssl=1 289w, https:\/\/i0.wp.com\/omtimes.com\/iom\/wp-content\/uploads\/2018\/03\/Become-a-patron.png?resize=70%2C16&amp;ssl=1 70w\" sizes=\"(max-width: 289px) 100vw, 289px\" \/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Aired Tuesday, 22 January 2019, 5:00 PM EST Enlightened Capitalism &#8211; It&#8217;s NOT An Oxymoron An Interview with B Corporation Pioneer John Montgomery &#8220;It&#8217;s time for the Golden Rule to overrule the rule of gold.&#8221;&#8211; Swami Beyondananda Our show today is about Enlightened Capitalism and NO that is not an oxymoron, at least not according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9174],"tags":[16119,16118,9175,9225],"class_list":["post-16651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wiki-politiki","tag-enlightened-capitalism","tag-john-montgomery","tag-steve-bhaerman","tag-wiki-politiki"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Enlightened Capitalism - It&#039;s NOT An Oxymoron - OMTimes Radio<\/title>\n<meta name=\"description\" content=\"Our guest today John Montgomery is a champion of a new form of enlightened capitalism called the B Corporation, B standing for benefit ... as in benefitting the world at large and not just the shareholders &quot;at small.&quot;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/omtimes.com\/iom\/2019\/01\/enlightened-capitalism-its-not-an-oxymoron\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enlightened Capitalism - It&#039;s NOT An Oxymoron - OMTimes Radio\" \/>\n<meta property=\"og:description\" content=\"Our guest today John Montgomery is a champion of a new form of enlightened capitalism called the B Corporation, B standing for benefit ... as in benefitting the world at large and not just the shareholders &quot;at small.&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/omtimes.com\/iom\/2019\/01\/enlightened-capitalism-its-not-an-oxymoron\/\" \/>\n<meta property=\"og:site_name\" content=\"OMTimes Radio\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/Omtimes.Magazine\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-15T23:00:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-01-23T02:28:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/omtimes.com\/iom\/wp-content\/uploads\/2017\/10\/Wiki-Politiki-Radio-Show_Steve-Bhaerman_OMTimes-Radio.png?fit=750%2C400&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"OMTimes Radio\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"OMTimes Radio\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/omtimes.com\\\/iom\\\/2019\\\/01\\\/enlightened-capitalism-its-not-an-oxymoron\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/omtimes.com\\\/iom\\\/2019\\\/01\\\/enlightened-capitalism-its-not-an-oxymoron\\\/\"},\"author\":{\"name\":\"OMTimes Radio\",\"@id\":\"https:\\\/\\\/omtimes.com\\\/iom\\\/#\\\/schema\\\/person\\\/3bcbe548942fab6ea0ec111c9ec43ff8\"},\"headline\":\"Enlightened Capitalism &#8211; 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