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Billionaires Want to End Capitalism As We Know It (Richard Branson's new non-profit)
NewsBusters ^ | June 17, 2013 | Mike Ciandella

Posted on 06/18/2013 4:33:09 PM PDT by Thoreauaway

Richard Branson, Arianna Huffington and a group of other CEOs and former world leaders have formed a group whose goal is to end capitalism as we know it. The nonprofit, known as “The B Team,” was created to help promote a “better version of capitalism, one that prioritizes people and planet over profit.” This ignores the fact that capitalism is, by definition, motivated by profit.

The team, led by Branson and German businessman Jochen Zeitz, calls for drastic changes in how the economy works. These include “new rules and models for the future of business – not incremental ‘change as usual.’”

It’s no surprise that a group including Arianna Huffington would be promoted by the Huffington Post, but CNBC Europe also interviewed Branson and Zeitz on June 13 and had only good things to say about their project. In the “Closing Bell” interview, Branson said that part of the motivation for businesses to follow the goals laid out by The B Team would come from being viewed better by their employees. Businesses should “not just think about this quarters profit but also think, you know, ‘what are we doing to try to tackle our environmental issues, how can we do it better,’” Branson said.

According to The B Team’s mission statement: “Plan A - where companies have been driven by the profit motive alone – is no longer acceptable.” According to Branson, the group will work with “government agencies, the social sector and business leaders” in order to achieve their goals. Branson and Zeitz launched the group on Oct. 3, 2012.

The group is also heavily influenced by The Elders, a group of former global leaders that focuses on world peace. This group includes former U.S. president Jimmy Carter, and former Secretary-General of the UN Kofi Annan.

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy
KEYWORDS: animalfarm; billiondollarmarxist; capitalism; communists; criminalconspiracy; elites; ivorytower; liberalism; orwellainnightmare; politburo
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1 posted on 06/18/2013 4:33:09 PM PDT by Thoreauaway
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To: Thoreauaway
The nonprofit, known as “The B Team,” was created to help promote a “better version of capitalism, one that prioritizes people and planet over profit.”

TRANSLATION: "We got ours. Screw you."

2 posted on 06/18/2013 4:35:36 PM PDT by E. Pluribus Unum (People with religious faith in government are far crazier than people with religious faith in God.)
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To: Thoreauaway

One thing collectivists don’t like is competition!


3 posted on 06/18/2013 4:35:39 PM PDT by Jack Hydrazine (IÂ’m not a Republican, I'm a Conservative! Pubbies haven't been conservative since before T.R.)
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To: Thoreauaway

The ruling class has been set as they see it. Time to shut the door on any of those little people with big dreams out there.


4 posted on 06/18/2013 4:36:13 PM PDT by barmag25
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To: Thoreauaway

A good many millionaires and billionaires aren’t free marketeers. They see socialism as a means of eliminating competition and guaranteeing themselves taxpayer funded business.


5 posted on 06/18/2013 4:37:00 PM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Thoreauaway
“The B Team,” was created to help promote a “better version of capitalism, one that prioritizes people and planet over profit.”

Pull the ladder up capitalism.

6 posted on 06/18/2013 4:37:29 PM PDT by vbmoneyspender
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To: E. Pluribus Unum
With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
--Milton Friedman

7 posted on 06/18/2013 4:37:35 PM PDT by 1rudeboy
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To: Thoreauaway

I don’t want the uber rich, crazy sods making decisions for me.

I would never want to be super rich, they turn controlling and crazy as a chit house rat.


8 posted on 06/18/2013 4:38:40 PM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheel barrow)
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To: Thoreauaway

In a nutshell...here is how the liberal mind works.

Ban it, but not until I’ve got mine.


9 posted on 06/18/2013 4:38:48 PM PDT by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: Thoreauaway

If they didn’t see a profit and monopoly in it, they wouldn’t be spreading this leftist manure. Behind every Democrat idea, there is a lie waiting to screw someone over.


10 posted on 06/18/2013 4:39:45 PM PDT by pallis
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To: Thoreauaway

11 posted on 06/18/2013 4:40:18 PM PDT by GrandJediMasterYoda (Someday our schools will teach the difference between "lose" and "loose")
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To: E. Pluribus Unum

>> TRANSLATION: “We got ours. Screw you.”

Yeah, basically.

Once you have everything money can buy, what else IS there but gaining power to keep others down?

Pretty sick, if you ask me.


12 posted on 06/18/2013 4:41:07 PM PDT by Nervous Tick (Without GOD, men get what they deserve.)
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To: Thoreauaway

So Mr Branson... Is your idea along the lines of the New Mexico Spaceport which is subsidized at tax payer’s expense so wealthy individuals can take a short trip to the edge of space for giggles and kicks?


13 posted on 06/18/2013 4:41:17 PM PDT by Carthego delenda est
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To: Sergio

This is fascism. The big companies in league with the socialists. Complete control of industry and business by govt without govt ownership.
Most of these big billionaires turn out to be real monsters when you examine them closely..they want to kill off the young upstarts.


14 posted on 06/18/2013 4:41:30 PM PDT by Oldexpat
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To: 1rudeboy

The elitists are making their move. They believe they bankrupted the middle class enough where they can no longer increase their wealth enough to be move up the ladder.

The jobs are gone, their profits are up and pretty soon they will have the two class society they always wanted.


15 posted on 06/18/2013 4:41:43 PM PDT by EQAndyBuzz (The reason we own guns is to protect ourselves from those wanting to take our guns from us.)
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To: Irenic
super rich, they turn controlling and crazy as a chit house rat

See Michael Bloomberg.

16 posted on 06/18/2013 4:41:49 PM PDT by rocksblues (The Obama administration the most unlawful, corrupt administration in US history.)
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To: Thoreauaway
I'm sorry, but this story ranks as a DFP...


17 posted on 06/18/2013 4:42:22 PM PDT by GrandJediMasterYoda (Someday our schools will teach the difference between "lose" and "loose")
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To: Thoreauaway

They forgot to add, these ideas do not apply to us.


18 posted on 06/18/2013 4:44:03 PM PDT by RginTN
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To: All

billionaires want an “i got mine” ARISTOCRACY. (remember Branson is English/European and has an infestation of aristocracy inheritance of priviledge)

Those elites who have homes outside the USA have their own private security forces to guard their homes and themselves. (orpah, doomberg, branson, depp, etc...)


19 posted on 06/18/2013 4:44:07 PM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: cripplecreek

Yep, the very definition of rent-seeking. The usual leftards will buy it, of course, because it SOUNDS fair.


20 posted on 06/18/2013 4:45:26 PM PDT by Amberdawn
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