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A movement to reconsider
capitalism

Assessing the fundamentals of capitalism today

Industrial Revolution-born Capitalism 1.0 that once has financialized wealth and drove innovation, finally maximized its natural laws and became unsustainable.

Economic inequality soars amidst technological advances and globalization, fueling social unrest and political divides. Meanwhile, the alarms of environmental degradation, mental health, and climate change ring louder, and automation looms, risking job security and widening income gaps.

To secure our future, we must rethink capitalism's fundamentals, fostering long-term and balanced growth, responsibility for externalities, desinging for cooperation and inclusive ownership. It's a daunting task, but crucial for ensuring prosperity and well-being in the long run.

Improving every future society starts today

The flaws in our current capitalist system have profound consequences across society. Picture a world where wealth is concentrated in a few hands and technology advances like decentralized finance are suppressed, increasingly benefitting the incumbents and leaving many struggling to survive. This inequality fuels unrest and instability. Meanwhile, businesses prioritize profits over the environment, leading to climate change and ecological damage that threaten our very survival. Additionally, when a small group holds economic power, corruption undermines democracy and erodes trust in our institutions. To break this cycle of poverty, inequality, and environmental harm, we must reimagine capitalism. We need a future where everyone has equal opportunities for prosperity, where our planet flourishes, and where trust in governance and leadership is rebuilt.

For the prosperity of all the people

A financial revolution is brewing on the horizon, powered by blockchain technology and decentralized finance. A movement that is shaking up the very foundations of our current economic system. Empowering a world with equal access to financial services and a technology that is able to break down barriers, and putting financial power back into the hands of the people. To develop a future that's more inclusive, transparent, and empowering for all.

Join a group of thinkers and doers

We are building a platform to unite the thinkers and doers, for an exploration towards a future focussed and planet centric capitalist model. If you want tot contribute or join the group sing up for our newsletter.

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The people behind the initiative

The flaws in our current capitalist system have profound consequences across society. Picture a world where wealth is concentrated in a few hands, leaving many struggling to survive. This inequality fuels unrest and instability. Meanwhile, businesses prioritize profits over the environment.

Igor Mikhalev
C20 founder

Igor is a recognized leader in Emerging Technologies and Innovation Strategy, consulting for top global companies on Digital Currencies, Generative AI, Tokenization, and Business Model Innovation. He has founded several open-source projects with over 100,000 active users and over 8 figure valuation. Currently, he leads the Emerging Tech/Digital Strategy practice at EY-Parthenon, having previously directed similar topics at BCG.

Sebastian Kortmann
C20 academic leader

Sebastian Kortmann is Professor of Strategy and Innovation and the Director of the Amsterdam MBA at the University of Amsterdam Business School. Sebastian has consulted with and/or provided training for firms, such as Boston Consulting Group, Porsche Digital, Thyssen Krupp, Nike, Johnson & Johnson, Audi, or BMW. Furthermore, he has been named one of the “Top 40 under 40 Most Outstanding Business School Professors worldwide” by Poets & Quants.

Vidya Dharani
Community director

Vidya Dharani, an MBA candidate at the University of Amsterdam, combines her engineering background with a passion for leveraging advanced technologies to create impactful change. She specializes in process improvement and optimization and is developing a thesis framework to transition companies from Capitalism 1.0 to Capitalism 2.0, focusing on People, Planet, and Profit (PPP), stakeholder ownership, and collaboration using Web3 technologies. Her experience in grassroots works and public affairs includes financial literacy, women empowerment, rural development, and gender equality.

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Articles &
publications

Article

Unshackling Capitalism: How Decentralized Finance is Redefining Economic Power

In an era of unprecedented technological innovation, decentralized finance (DeFi) is emerging as a game-changer in the realm of economics. This article explores the pivotal role of DeFi in shaping a new form of capitalism, where financial power is decentralized and democratized.

From empowering individuals to challenging traditional financial institutions, DeFi is revolutionizing the way we think about money and economics.Fi is fostering a more symbiotic relationship between finance and the broader society it serves.

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Meet-up

From Wall Street to Main Street: How DeFi is Democratizing Capitalism

In an era of unprecedented technological innovation, decentralized finance (DeFi) is emerging as a game-changer in the realm of economics. This article explores the pivotal role of DeFi in shaping a new form of capitalism, where financial power is decentralized and democratized.

From empowering individuals to challenging traditional financial institutions, DeFi is revolutionizing the way we think about money and economics.Fi is fostering a more symbiotic relationship between finance and the broader society it serves.

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Track 01

The new objective: maximizing economic growth is not our sole purpose

Our purpose transcends the narrow focus on maximizing economic growth. We recognize that true prosperity encompasses not only financial wealth but also environmental sustainability, social equity, and individual well-being.

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The future of human work and thinking: higher-level, creative and abstract activities

Human work and thinking evolve towards higher-level, creative, and abstract activities. Automation and AI handle routine tasks, freeing us to engage in innovative, strategic, and meaningful pursuits. Reformed education and lifelong learning will be paramount, equipping individuals with the skills to thrive in this dynamic landscape. Our workforce will be empowered to harness their full potential, driving sustainable advancements in science, art, and technology.

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The new business models: fluid, inclusive, and equitable ecosystems

Business models in Capitalism 2.0 will be characterized by fluidity, inclusivity, and equity. Traditional hierarchies will give way to collaborative networks, where value is co-created and shared among all stakeholders. Diversity and inclusion will fostering environments where different perspectives drive innovation. Equitable distribution of resources and opportunities will ensure that everyone, regardless of background, can contribute to and benefit from economic activities.

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The reformed economy: decentralized, open networks and algorithmic governance

We are reforming the economy by building decentralized, open networks that promote transparency, efficiency, and resilience. Utilizing distributed ledger technologies, we enable secure and transparent collaboration, reducing the need for intermediaries. Algorithmic governance enhances decision-making processes, ensuring fairness and accountability, and empowering individuals and communities to foster a more democratic and participatory economic system.

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The human agency: you can think different; we will do this together

We believe in fostering collective empowerment and the importance of individual agency. Our community encourages everyone to think differently, challenge the status quo, and contribute to societal transformation. By promoting a culture of collaboration and mutual support, we strive to create a future where everyone can thrive, valuing human dignity, creativity, and the pursuit of an individual's path.