Neoliberalism vs. Stakeholder Capitalism by D. Conterno (2025)

 

Neoliberalism vs. Stakeholder Capitalism by D. Conterno (2025)




Table of Contents

Introduction: The Distinctions and Darker Agendas. 1

1. Neoliberalism: Market Supremacy and the Illusion of Freedom.. 2

2. Stakeholder Capitalism: The Friendly Face of Corporate Power 3

3. The Ultimate Similarity: Control Through Economic Power 4

Introduction: The Need for a Conscious Economic Revolution. 5

1. Exposing the Myths: Breaking the Narrative Control 5

2. Redefining Economic Value: From Profit to Well-Being. 6

3. Reclaiming Sovereignty: Decentralisation as the Future. 7

4. Ending Corporate Rule: Restoring Democratic Power 7

5. Protecting Personal Freedom: Resisting Technocratic Control 8

Introduction on the Implementation of a Conscious Economic Paradigm.. 10

1. Strategies for Political Influence: Reclaiming Power from Corporate Rule. 10

2. Alternative Economic Models: Practical Steps to Implement a Conscious Economy. 12

3. Global Collaboration Frameworks: Scaling Conscious Economics Worldwide. 13

Conclusion: The Conscious Economic Future. 14

 

 Introduction: The Distinctions and Darker Agendas

Both Neoliberalism and Stakeholder Capitalism are economic and political frameworks that shape the global order, yet they represent starkly different philosophies. While Neoliberalism focuses on deregulation, privatisation, and market supremacy, Stakeholder Capitalism promotes corporate responsibility beyond shareholders to include broader societal concerns. However, beneath their idealistic facades, both ideologies have darker, hidden agendas that reinforce power structures, control mechanisms, and elite dominance.

 

1. Neoliberalism: Market Supremacy and the Illusion of Freedom

Core Principles:

  • Advocates for minimal government intervention in markets.
  • Pushes privatisation of public services (healthcare, education, utilities).
  • Encourages free-market competition and global trade liberalisation.
  • Promotes deregulation under the belief that markets self-correct.
  • The IMF and World Bank impose "structural adjustment programs" (SAPs) on developing nations, forcing them to privatise public assets and slash social spending in exchange for loans.
  • This perpetuates dependency rather than fostering real economic autonomy.
  • Tax cuts for the rich and corporate tax havens allow elite wealth to accumulate unchecked.
  • The "trickle-down economics" myth justifies policies that widen inequality rather than alleviating it.
  • Corporate lobbying and political funding turn elected governments into extensions of corporate interests.
  • Trade agreements, such as the North American Free Trade Agreement (NAFTA) and the Trans-Pacific Partnership (TPP) override national sovereignty, letting corporations sue governments for enforcing environmental or labour regulations.
  • The global economy is controlled by speculative finance rather than productive industries.
  • The 2008 financial crisis was a product of unregulated banking greed, yet the same financial institutions that caused the collapse were bailed out, while ordinary people suffered.

Neoliberalism gained global dominance with the policies of Margaret Thatcher in the United Kingdom and Ronald Reagan in the United States of Americas in the 1980s, later institutionalised by institutions like the International Monetary Fund (IMF), World Bank, and World Trade Organization (WTO).

The Darker Agenda: Consolidation of Corporate Power

Although neoliberalism claims to promote "free markets", in reality, it rigs the system in favour of transnational corporations and financial elites. Its hidden mechanisms include:

1. Economic Enslavement Through Debt

2. Wealth Extraction Through Hyper-Capitalism

3. The Hollowing of Democracy

4. Financialisation and Market Dictatorship

Thus, neoliberalism concentrates wealth into a financial oligarchy, allowing multinational corporations to control economic and political power under the pretext of “free market” ideology.


2. Stakeholder Capitalism: The Friendly Face of Corporate Power

Core Principles:

  • Encourages companies to consider all stakeholders (workers, communities, environment) rather than just shareholders.
  • Advocates for corporate responsibility in tackling global issues like climate change, diversity, and social justice.
  • Promotes "sustainable capitalism", balancing profit with ethics.
  • Companies self-regulate their own ethics, leading to greenwashing, token activism, and performative social justice. For example, oil companies funding climate summits while lobbying against real environmental action.
  • The drive for "stakeholder accountability" often translates into mass data collection. The best example must be the China’s social credit system, that tied to corporate behaviour monitoring and therefore is an example of how stakeholder capitalism can become a tool of technocratic control.
  • The World Economic Forum's "Great Reset" proposes a future where "you will own nothing and be happy".
  • The transition towards a post-ownership society (renting homes, cars, digital goods) shifts assets away from the middle class and further consolidates control under a small elite.
  • Rather than allowing grassroots movements to dictate change, stakeholder capitalism co-opts social causes.
  • Corporations like Nike and Google champion diversity and inclusion while operating sweatshops in developing nations.

Stakeholder Capitalism is championed by figures like Klaus Schwab (World Economic Forum) and large institutions like BlackRock, the United Nations (UN), and the European Union (EU). It is often presented as a solution to the failures of neoliberalism.

The Darker Agenda: Corporate Feudalism with a Humanitarian Mask

While stakeholder capitalism claims to democratise corporate responsibility, in practice, it often functions as a repackaged version of elite control under a more palatable narrative.

1. The Illusion of Corporate Benevolence

2. Digital Surveillance Under the Pretext of Progress

3. The Great Reset: A New Model for Corporate Rule

4. The Absorption of Social Movements

Thus, stakeholder capitalism maintains the hegemony of global elites but with a progressive, socially responsible mask.


3. The Ultimate Similarity: Control Through Economic Power

At their core, both Neoliberalism and Stakeholder Capitalism reinforce economic hierarchies while maintaining an illusion of progress. The difference is branding:

  • Neoliberalism promotes raw, unchecked capitalism, justifying it as "freedom".
  • Stakeholder Capitalism promotes technocratic capitalism, justifying it as "ethical progress".

Both systems keep power concentrated in elite hands, limiting the true economic and political agency of people.

Challenging Neoliberalism and Stakeholder Capitalism: A Conscious Enterprises Network (CEN) Strategy




As explained before, both Neoliberalism and Stakeholder Capitalism have entrenched elite control over global economies, shaping a world where corporate power supersedes democratic governance. While neoliberalism justifies unfettered capitalism as "freedom," stakeholder capitalism masks corporate dominance behind the illusion of ethical responsibility. Neither truly empowers individuals or societies.

The Conscious Enterprises Network (CEN) presents a viable alternative, one that dismantles systemic economic oppression and reclaims economic agency for individuals and communities. This requires a strategy that rejects the false dichotomy of neoliberalism vs. stakeholder capitalism and instead prioritises conscious economic systems based on well-being, sustainability, and real democracy.


1. Exposing the Myths: Breaking the Narrative Control

CEN is committed to unveiling the entrenched Neoliberalism myths of so-called free markets and the Trojan horse of stakeholder capitalism.

The Myth of Free Markets (Neoliberalism)

CEN Suggested Action Plan:

  • Public education campaigns debunking the myths of "free markets" and exposing the rigged nature of global capitalism.
  • Strategic collaborations with independent media outlets to counteract corporate narratives.
  • Investigate and expose corporate hypocrisy—publishing research on how stakeholder capitalism is a Trojan horse for elite control.
  • Encourage whistleblowing and investigative journalism that holds companies accountable for false ethical claims.

The Myth of Corporate Responsibility (Stakeholder Capitalism)

CEN Suggested Action Plan:

  • Investigate and expose corporate hypocrisy—publishing research on how stakeholder capitalism is a Trojan horse for elite control.
  • Encourage whistleblowing and investigative journalism that holds companies accountable for false ethical claims.



2. Redefining Economic Value: From Profit to Well-Being

Both neoliberalism and stakeholder capitalism define success through financial metrics, stock prices, GDP growth, and corporate profitability. This ignores human well-being, planetary health, and long-term sustainability.

A Conscious Economic Model

CEN suggests an alternative model based on three core economic principles:

  1. Well-Being as the Primary Metric
  • Move beyond GDP and profit-driven metrics to indicators like happiness indexes, ecological balance, and human flourishing.
  1. True Economic Democracy
  • Decentralise economic power so that local communities, cooperatives, and small businesses have control over resources.
  1. Sustainable & Regenerative Economies
  • Shift from an extractive model (profit at all costs) to a regenerative model that benefits people and nature alike.
CEN Suggested Action Plan:
  • Promote alternative economic measurement tools such as Bhutan’s Gross National Happiness (GNH) and the Doughnut Economics model.
  • Develop policy proposals advocating for economic democracy at national and international levels.
  • Work with economists, researchers, and ethical businesses to create practical frameworks for transitioning away from predatory capitalism.



3. Reclaiming Sovereignty: Decentralisation as the Future

Both neoliberalism and stakeholder capitalism consolidate power in elite hands—whether through privatisation, financialisation, or technocratic oversight. To counteract this, economic decentralisation is crucial.

Building a Decentralised Economic System

  • Cooperative Ownership Models
  • Encourage businesses to be worker-owned, ensuring decision-making is shared democratically.
  • Community-Led Finance
  • Replace centralised banking with public banks, ethical credit unions, and decentralised finance (DeFi) solutions.
  • Localised Trade Networks
  • Shift from reliance on multinational corporations to regional, self-sustaining economies.
CEN Suggested Action Plan:
  • Create an international Conscious Business Network as part of its organisation that promotes decentralised, ethical economic structures.
  • Support legislation for cooperative economies, ensuring worker-owned businesses receive the same incentives as traditional corporations.
  • Promote blockchain-based financial models that reduce dependency on centralised banks.



4. Ending Corporate Rule: Restoring Democratic Power

The Capture of Governments

Neoliberalism has made corporate lobbying a shadow government, while stakeholder capitalism normalises corporate influence over global governance (e.g., World Economic Forum’s infiltration of policymaking).

Steps to Reclaim Political Sovereignty

  • Ban corporate lobbying and political donations to restore democratic integrity.
  • Regulate global monopolies and ensure fair competition.
  • Implement transparent governance models that prioritise public interest over corporate influence.

CEN Suggested Action Plan:

  • Lobby for legislative reforms that break up monopolies and remove corporate influence from politics.
  • Mobilise public campaigns to demand democratic decision-making in economic policy.
  • Encourage direct citizen participation in policymaking (e.g., citizen assemblies, participatory budgeting).

5. Protecting Personal Freedom: Resisting Technocratic Control

The Rise of Digital Feudalism

Stakeholder capitalism is accelerating a technocratic control system where:

  • AI-driven surveillance capitalism collects vast amounts of data under the guise of ethical monitoring.
  • The push for a cashless society increases dependence on centralised financial control.
  • The "Great Reset" agenda seeks to transition the global economy into a "You will own nothing and be happy" model, ensuring that ordinary citizens become permanent renters of corporate-controlled assets.

The Conscious Alternative: Digital Sovereignty

  • Decentralised Digital Infrastructure
    • Support open-source technology, privacy-focused platforms, and encrypted communication.
  • Alternative Financial Ecosystems
    • Encourage community-led currencies, decentralised digital currencies (e.g., Bitcoin with ethical regulation), and public banking.
  • Data Ownership Rights
    • Push for legal frameworks that ensure individuals retain control over their own data.

CEN Suggested Action Plan:

  • Develop and support ethical tech initiatives that prioritise human freedom.
  • Lobby against centralised digital IDs that could be used for economic and social tracking.
  • Educate people on protecting digital privacy and resisting surveillance capitalism.


Overview of Implementing a Conscious Economic Paradigm: Political Influence, Economic Models, and Global Collaboration Frameworks

Introduction on the Implementation of a Conscious Economic Paradigm

To effectively challenge both Neoliberalism and Stakeholder Capitalism, we must go beyond intellectual opposition and focus on practical implementation


1. Strategies for Political Influence: Reclaiming Power from Corporate Rule

1.1 Breaking Corporate Lobbying

Key Reforms Needed

Ban corporate political funding & lobbying

  • Corporate donations and lobbying should be illegal, ensuring policies are shaped by the people, not the highest bidder.

Public campaign financing

  • Establish state-funded elections, removing corporate influence from political candidates.

Strict anti-monopoly laws

  • Break up mega-corporations that control entire sectors and restore fair competition.

CEN Suggested Action Plan:

Form an Independent Political Watchdog

  • Monitor and publicly expose corporate interference in politics.
  • Publish annual reports ranking politicians based on corporate influence.

Mobilise Mass Political Campaigns

  • Launch public awareness movements against corporate lobbying.
  • Use mass petitions and digital activism to pressure governments into adopting anti-lobbying laws.

Engage Ethical Political Leaders

  • Form alliances with conscious politicians willing to implement these reforms.
  • Help train and support independent candidates who align with CEN’s principles.

1.2 Direct Citizen Participation in Decision-Making

Key Reforms Needed

Citizen Assemblies with Legislative Power

  • Establish people-led councils that directly shape laws, bypassing corporate-controlled parliaments.

Participatory Budgeting

  • Let citizens decide how public funds are spent, ensuring money is allocated for real public benefit.

Blockchain Voting for Transparency

  • Implement decentralised, tamper-proof voting systems, eliminating election fraud.

CEN Suggested Action Plan

Pilot Local Citizen Assemblies

  • Test participatory democracy in small cities and regions.
  • Develop case studies proving that citizen-led governance is effective.

Work with Legislators for Policy Inclusion

  • Push governments to integrate citizen assemblies into policy-making processes.

Create Digital Platforms for Direct Participation

  • Develop blockchain-based voting and public decision-making systems.

2. Alternative Economic Models: Practical Steps to Implement a Conscious Economy

To replace Neoliberalism and Stakeholder Capitalism, we must build economic models that prioritise:

Human well-being over GDP
Decentralisation of financial power
Sustainability & ethical business practices

2.1 Economic Models That Decentralise Power

Model

Purpose

How It Counters Neoliberalism & Stakeholder Capitalism

Worker-Owned Cooperatives

Gives workers direct control over their businesses

Ends corporate hierarchies where profits only benefit executives

Public Banking & Community Currencies

Keeps financial power within local economies

Removes dependency on global banking elites

Circular Economy Models

Prioritises sustainability & local production

Ends resource exploitation & corporate supply chain monopolies

Universal Basic Services (UBS)

Provides essential services without profit motives

Counters privatisation & corporate-driven dependency

CEN Suggested Action Plan

Build a Conscious Business Network

  • Create an international network of ethical businesses that follow conscious economic principles.
  • Offer legal, financial, and operational support to worker cooperatives.

Develop and Promote Ethical Financial Systems

  • Support public banks, credit unions, and decentralised finance (DeFi) solutions.
  • Advocate for community currencies that keep wealth circulating locally rather than being extracted by multinational corporations.

Invest in Sustainable & Regenerative Industries

  • Redirect capital towards regenerative agriculture, green energy, and circular economy models.
  • Develop economic zones where businesses must follow strict ethical guidelines.

3. Global Collaboration Frameworks: Scaling Conscious Economics Worldwide

As global movement cannot succeed in isolation, CEN’s vision is to build strong international alliances to shift economic power from corporate elites to conscious leaders and communities.

3.1 Forming a Global Conscious Economy Alliance

Key Partnerships to Build

Ethical Business Networks

  • Partner with cooperatives, impact investors, and regenerative industries to build a global economic ecosystem.

Progressive Governments & Ethical Politicians

  • Align with nations and leaders willing to experiment with alternative economic models.

Activist Movements & Grassroots Organisations

  • Collaborate with indigenous communities, environmental groups, and worker unions.

CEN Suggested Action Plan

🔹 Host Annual Conscious Economy Summits

  • Bring together ethical businesses, progressive leaders, and activists to develop policy recommendations.
  • Use these events to build momentum for political change.

🔹 Launch a Global Conscious Investment Fund

  • Attract ethical investors to fund businesses that follow conscious economy principles.
  • Offer impact-driven financing to worker-owned enterprises.

🔹 Create a Decentralised Global Trade Network

  • Establish fair trade agreements outside of corporate-controlled global institutions (IMF, WTO, World Bank).
  • Build a supply chain model that is ethical, decentralised, and independent from monopoly control.

Conclusion: The Conscious Economic Future

CEN is uniquely positioned to lead the charge in dismantling both Neoliberalism and Stakeholder Capitalism. This requires:

Political Influence: Removing corporate lobbying, establishing citizen-led decision-making, and restoring true democracy.
Alternative Economic Models: Creating a decentralised financial system, ethical business networks, and regenerative industries.
Global Collaboration: Partnering with ethical businesses, progressive governments, and grassroots movements to scale conscious economic principles worldwide.

This is not just theoretical, CEN’s vision is to be a pioneer in actively implementing these systems. Do you as a world citizen, a corporate leader or a politician see the validity of CEN’s vision? If you do, join our community and let us create together two tribes:

International Conscious Business Network

International Conscious Politic Network


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