Inclusive Business: What It Is And Why It Matters
The year 2019 was a turning point in the adoption of an “inclusive economy.” In August of that year, 34 global firms pledged more than $USD 1 billion to combat inequality in the OECD-sponsored G7 Business for Inclusive Growth (B4IG) coalition. But what prompted this shift? What spurred business leaders to put an inclusive economy at the top of their agendas? A critical evaluation of past, present, and future income inequalities may explain this impetus.