Following the U.S. election and other geopolitical upheavals this year, business is considering whether and how to adjust the sustainability agenda to address a new reality. To begin, many are asking: What is the single most urgent issue facing sustainable business today in the United States?
There has been an ongoing debate for just about a century regarding the appropriate role of government in regulating business and finance, and the effect of such regulation on our national economy. In fact, this subject has been hotly contested since the days of Alexander Hamilton and Andrew Jackson, and then Theodore Roosevelt and Woodrow Wilson, and it became the centerpiece of Franklin D. Roosevelt’s New Deal.
We are living in an era marked by substantial gains in human well-being but also rising income inequality and persistent jobless growth. Coupled with climate change, achieving inclusive prosperity for 9 billion people without exceeding planetary boundaries is the defining challenge of the 21st century.