New York City Salon with Jay Jakub

Jakub spoke to how for the past fifty years, business leaders have believed their sole responsibility is to maximize profit for shareholders alone, and that for business to do ‘good’ for society or the environment, there must always be a costly tradeoff of profit, thereby limiting scale of impact.

From a Christian perspective, he offered a more complete form of capitalism called the ‘Economics of Mutuality,’ which focuses business on the needs of others (the means) rather than on maximizing shareholder value (the ends). Put forth in his recently released book Completing Capitalism, Dr. Jakub and Mars Catalyst have developed a field-tested entrepreneurial model, currently in live business pilots in Africa, Asia, and elsewhere, which is transformational for both business and the world. The CU New York community enjoyed learning about Jakub’s research and shared in a powerful moment of fellowship.