August 17, 2018

Independent: Accountable Capitalism: What is Elizabeth Warren's new bill and how significant is it?

Massachusetts Senator Elizabeth Warren has introduced a new bill that aims to hold US corporations accountable for its responsibilities to its employees – and to end practices that exclusively make the richest Americans even richer. 

“Accountable Capitalism Act” claims that corporations over the years have focused primarily on maximising returns to their shareholders and not its responsibilities to its workers and community alike. 

The new bill would change that; the act would shift the capitalism dynamic back to a time in the US when Ms Warren declared “American companies and workers thrived”. 

Read the full story on the Independent website here.

By:  Kimberley Richards
Source: Independent