Capitalism

Matter Neuroscience Secures $26M in Funding to Cure Unhappiness

Retrieved on: 
Tuesday, February 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Matter Neuroscience, the company working to unlock a deeper understanding of happiness and well-being by providing people with personalized insights into their brain chemistry emerges from stealth mode today. Matter announced it has received $26 million in funding, initial funding seeded by Polaris Partners and a more recent round co-led by ARCH Venture Partners, Polaris Partners, and Exor Ventures, and joined by Collaborative Fund and others. With this backing, Matter will bolster its efforts to pioneer solutions that address the unhappiness epidemic by transforming our understanding and management of mental well-being.

Key Points: 
  • With this backing, Matter will bolster its efforts to pioneer solutions that address the unhappiness epidemic by transforming our understanding and management of mental well-being.
  • Together with its collaboration partners, Matter Neuroscience will initiate three more clinical studies in 2024.
  • Matter also offers users access to educational materials and a lecture series on the neuroscience of happiness.
  • Matter Neuroscience was co-founded in 2019 with Ben Goldhirsh of GOOD Worldwide and the Goldhirsh Foundation, and Chris Shiflett of Faculty and Brooklyn Beta.

Lotus Foods CEO Andrew Burke Honored With 2024 MO 100 Top Impact CEO Award

Retrieved on: 
Wednesday, February 21, 2024

RICHMOND, Calif., Feb. 21, 2024 /PRNewswire/ -- Lotus Foods, a pioneer in heirloom and organic rice cultivation, is delighted to announce that its CEO, Andrew Burke, has been honored with the 2024 MO 100 Top Impact CEO Ranking.

Key Points: 
  • RICHMOND, Calif., Feb. 21, 2024 /PRNewswire/ -- Lotus Foods, a pioneer in heirloom and organic rice cultivation, is delighted to announce that its CEO, Andrew Burke, has been honored with the 2024 MO 100 Top Impact CEO Ranking.
  • Lotus Foods CEO Andrew Burke has been honored with the 2024 MO 100 Top Impact CEO Ranking.
  • Alongside fellow honorees, Burke joins the 2024 MO 100 cohort, inspiring and empowering businesses to prioritize impact and purpose.
  • Burke and his fellow honorees will be celebrated at the MO 100 Awards Gala during the 2024 MO CEO Summit, scheduled for April 15-17, 2024, in Austin, Texas.

Blueprint Capital Presents the Diversity, Equity and Inclusive Capitalism Power100 ("DEIC Power100")

Retrieved on: 
Thursday, February 15, 2024

NEWARK, N.J., Feb. 15, 2024 /PRNewswire/ -- Blueprint Capital Advisors LLC ("Blueprint" or the "Firm"), a $1.7 billion registered investment advisor focused on alternative investment funds and diverse manager consulting, today announced the establishment of the Diversity, Equity and Inclusive Capitalism Power100 List ("DEIC Power100"). The DEIC Power100 is a first-of-its-kind list that will recognize individuals and firms in alternative asset management that are delivering exemplary investment results, demonstrating industry leadership and contributing positively to closing gender, wealth, health, education, and other social and economic equity gaps that provide alpha opportunities while simultaneously moving the industry in the direction of inclusive capitalism.

Key Points: 
  • NEWARK, N.J., Feb. 15, 2024 /PRNewswire/ -- Blueprint Capital Advisors LLC ("Blueprint" or the "Firm"), a $1.7 billion registered investment advisor focused on alternative investment funds and diverse manager consulting, today announced the establishment of the Diversity, Equity and Inclusive Capitalism Power100 List ("DEIC Power100").
  • They have invested in companies of underrepresented founders and owners of diverse-led companies, and driven inclusion at the board and at staff levels.
  • It is our hope that the DEIC Power100 becomes an institution and community that continues to acknowledge and celebrate positive leadership and applauds collaboration towards a common vision of diversity, equity, and inclusive capitalism.
  • Blueprint Capital is today also announcing the DEIC Power100 Icons category honorees.

Averting a Looming Crisis: CED Provides Plan to Save Social Security

Retrieved on: 
Wednesday, February 14, 2024

Social Security, which provides more than 66 million Americans with benefits, is the largest component of the total federal budget and is the largest driver of long-term debt.

Key Points: 
  • Social Security, which provides more than 66 million Americans with benefits, is the largest component of the total federal budget and is the largest driver of long-term debt.
  • Use a more accurate calculation of annual cost-of-living-adjustment (COLAs) to index Social Security benefits, using chained-CPI.
  • Cover newly hired state and local workers under Social Security, who can currently be exempt if states maintain a similar retirement program.
  • Diversify Social Security Trust Fund investments beyond Treasury securities, similar to the reforms implemented in the Railroad Trust Funds.

Brown University Club of Greater Miami Hosts Book Talk with Frank Altman, Author of "A New Capitalism"

Retrieved on: 
Wednesday, February 14, 2024

The event is co-sponsored by the Center and the Brown Club of Greater Miami .

Key Points: 
  • The event is co-sponsored by the Center and the Brown Club of Greater Miami .
  • In his book, Frank Altman takes modern capitalism to task.
  • A New Capitalism: Creating a Just Economy That Works for All, by Frank Altman, is now available.
  • The book is published with Forbes Books, the exclusive business book publishing imprint of Forbes, and is available on Amazon today.

North Korea steps up efforts to stamp out consumption of illegal foreign media – but entertainment-hungry citizens continue to flout the ban

Retrieved on: 
Wednesday, February 14, 2024

Consuming and sharing foreign media in North Korea can be punishable by death.

Key Points: 
  • Consuming and sharing foreign media in North Korea can be punishable by death.
  • However, North Korea closed its borders during the COVID pandemic, and since then the steady flow of escapees has slowed considerably.
  • This has prompted North Korea’s leader, Kim Jong-un, to adopt increasingly harsh measures to combat access to illegal media.

Crackdown

  • Shortly after inheriting the leadership in 2011, Kim tried a number of relatively soft approaches to controlling foreign media access, alongside continued punitive measures.
  • This law sets out specific punishments for both viewers and distributors of foreign media, going further than the existing criminal code.
  • At the same time, Kim has publicly condemned K-Pop (pop music originating in South Korea) as a “vicious cancer” permeating North Korean society.

Changing hearts and minds

  • North Korean escapees have also reported paying keen attention to the settings they saw in films and dramas.
  • Modern streets, cars and homes, with people displaying relative freedom of choice, expression and movement, all offer North Koreans a glimpse into life under capitalism.
  • A similar campaign condemns young North Koreans for showing affection in public and mimicking “western style” dating culture.

Building social bonds

  • It also unsettles the government’s ability to maintain a culture of suspicion and mistrust between citizens.
  • This could potentially generate social change.
  • Foreign diplomats, humanitarian aid workers and tourists are not yet allowed back into North Korea following the pandemic.
  • So, combined with many fewer escapees arriving in the South, it is difficult to know whether foreign media access and consumption has declined since 2020.


Sarah A. Son does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

‘A blood sport feigning as government’: what the ABC’s Nemesis taught us about a decade of Coalition rule

Retrieved on: 
Wednesday, February 14, 2024

For God’s sake let us sit upon the ground And tell sad stories of the death of kings.

Key Points: 
  • For God’s sake let us sit upon the ground And tell sad stories of the death of kings.
  • The latest instalment, Nemesis, dealing with the Abbott-Turnbull-Morrison years, is the fourth of these series since the pioneering Labor in Power screened in 1993 chronicling the Hawke-Keating era.
  • The Howard Years (2008) and The Killing Season (2015) followed examining respectively the Howard and Rudd-Gillard governments.
  • By contrast, The Killing Season and Nemesis focus predominantly on the leadership wars that blighted Australian politics between 2007 and 2022.
  • The most striking takeaway from Nemesis is that the Coalition’s decade in office from 2013 to 2022 was a time of abject irresponsibility.

The Abbott years

  • It was a catalogue of swingeing cuts and broken promises (Abbott had pledged no cuts to health or education during the 2013 election campaign).
  • The Abbott government never really recovered.
  • Chastened by that result, Abbott then caused incredulity among colleagues by proclaiming that “good government begins today”.
  • According to Turnbull, Abbott did not welcome the approach, telling him “to fuck off”.

The Turnbull years

  • The public were relieved to see the back of Abbott and welcomed enthusiastically the ostensibly progressive Turnbull.
  • Attorney-general in the government, George Brandis, refers to the Faustian bargain Turnbull had made to win the prime ministership.
  • Dutton, the right-wing hard man who Turnbull scathingly describes as “a thug”, challenged for the leadership, losing relatively narrowly.
  • A revelation about events during that febrile week is that Turnbull considered heading off his opponents by calling an election.
  • The episode ends with Turnbull offering another pungent character assessment, this time of his successor: “duplicitous”.

The Morrison years

  • It errs towards generosity to Morrison, not fully capturing why his leadership became a byword for inauthenticity, a prime minister whose obsession with the theatre of politics consistently trumped substance.
  • The episode recalls many of the notorious statements made by Morrison, which by suggesting he was evading responsibility, was a bully or lacked empathy corroded his public image, especially among women voters.
  • Asked about the comments, Morrison admits to poor choices of words.
  • Nemesis shows that the COVID pandemic was both a blessing and curse for the Morrison government.
  • Morrison then expended dwindling political capital by fruitlessly pursuing religious rights protections, causing ructions with Liberal moderates.
  • We are left with the suspicion that once again Morrison is bending the truth.

A decade of banality and pettiness

  • Participants in the documentary draw on classical allusions in making sense of the chaos.
  • We are told, for instance, that the leadership feud between Abbott and Turnbull was Shakespearean.
  • Yet what Nemesis exposes is the banality of these events and the pettiness of the actors.
  • The post-Menzies Liberal triumvirate of Harold Holt, John Gorton and William McMahon were respectively overwhelmed by the office, reckless and pygmy like.


Paul Strangio received funding from the Australian Research Council in the past.

Vital Farms and Its President & CEO Russell Diez-Canseco Honored for Using Business as a “Force for Good” on Big Path Capital’s 2024 MO 100 Top Impact CEO Ranking

Retrieved on: 
Tuesday, February 13, 2024

AUSTIN, Texas,, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL) and its President & CEO Russell Diez-Canseco have been honored at #3 on Big Path Capital ’s MO 100 Top Impact CEO Ranking .

Key Points: 
  • AUSTIN, Texas,, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL) and its President & CEO Russell Diez-Canseco have been honored at #3 on Big Path Capital ’s MO 100 Top Impact CEO Ranking .
  • This is the third consecutive year Vital Farms and Diez-Canseco have earned a top 10 spot on the ranking.
  • Big Path Capital is a global impact investment firm whose goal is to advance a sustainable economy by connecting purpose-driven companies to mission-aligned investors.
  • We thank Big Path Capital for sharing our mindset that business can and should serve a purpose to create long-term value for stakeholders.

Big Path Capital’s 2024 MO 100 Ranking Recognizes the Top 100 Impact CEOs Accelerating a More Just and Inclusive Economy

Retrieved on: 
Tuesday, February 13, 2024

Big Path Capital (“Big Path”), impact investing’s investment bank, announces the 2024 MO 100 Top Impact CEO Ranking .

Key Points: 
  • Big Path Capital (“Big Path”), impact investing’s investment bank, announces the 2024 MO 100 Top Impact CEO Ranking .
  • The list recognizes 100 top executives who are building positive social and environmental impact at high-growth companies.
  • The 2024 MO 100 awardees demonstrate the value and opportunity found in a stakeholder-focused business model that benefits shareholders as well as workers, customers, communities, and the environment.
  • By highlighting these dynamic leaders who are shaping a more regenerative and inclusive economy, the 2024 MO 100 provides inspiration and validation for other businesses.

American Water Named One of America’s Most JUST Companies by JUST Capital and CNBC

Retrieved on: 
Thursday, February 8, 2024

American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it has been named one of America’s Most JUST Companies by JUST Capital and CNBC.

Key Points: 
  • American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it has been named one of America’s Most JUST Companies by JUST Capital and CNBC.
  • American Water is the highest-ranked water utility and ranked 68th overall, well within the top 10% of all Russell 1000 companies that were considered.
  • The JUST 100 is the only ranking that recognizes American corporate leadership on business issues prioritized by the public.
  • “American Water is honored to be recognized by JUST Capital as one of America’s Most JUST Companies,” said John Griffith, Executive Vice President and Chief Financial Officer, American Water.