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I don't kid myself about the unenlightened and even cruel ways capitalism has been practiced by many companies: accumulating wealth for a few while paying most employees subsistence wages; fighting regulation while blithely degrading the environment; avoiding taxes and ignoring responsibilities for the communities in which they're based.
While as an executive I applaud the work and dedication that goes into building a successful business, I believe FORBES does a great disservice by focusing only on accumulating wealth for wealth's sake.
Many Arab governments are led by people who have spent most of their lives accumulating wealth for themselves and their families, much like Romney.
"This strategy calls for redistributing their savings over a lifetime as a living inheritance versus accumulating wealth for distribution in a will," says Brian Schwartz, a premier wealth advisor for HSBC.
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My point is that we should not pretend that smart shareholders (qua shareholders trying to accumulate wealth for consumption) prefer something they don't – corporate longevity.
As one of the five pillars of Islam, zakat is mandatory giving; all Muslims eligible to pay it must donate at least 2.5% of their accumulated wealth for the benefit of the poor, destitute and others – classified as mustahik.
Image caption: Charts show the projected difference in annual accumulated wealth for men and women before gender equity initiatives (left) were enacted and afterwards (right).
The Employee Benefits Research Institute EBRI) and the Federal Reserve estimate the average accumulated wealth for workers in their 50s and 60s is less than $150,000.
Without saying it aloud, these sorts of measures entail a fundamental shift in how capitalism as we know it operates, converting the economy from a structure dominated by narrow special interests which accumulate wealth for themselves, to one that serves communities.
The rational economic argument for accumulating wealth says that people want to use it for something: to spend, to give to their families to enhance their future standard of living or to do something philanthropic.
He said other asset classes, such as negatively geared property, were taxed lightly, and that created attractive vehicles for accumulating wealth outside the super system.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com