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Perhaps Peter Georgescu’s message is finally resonating: Listen to the Podcast
If we don’t want blood in the streets, or a life behind bulletproofing, the former CEO of Young and Rubicam warned, we need more broadly shared prosperity in America
It was July of 2020 (the 24th, to be precise). Joe Biden had only just garnered enough delegates to become the Democratic nominee for a tempestuous election whose outcome couldn’t be called. Pandemic related lockdowns were intermittently being imposed all over the world. The Tokyo Olympics, scheduled to have its opening ceremony on that day, would be pushed back by a year. Protests over social inequities were in full swing, and with parts of the economy shuttered entirely, millions were turning to food banks, many for the first time.
It was on that day that Peter Georgescu, former CEO of Young & Rubicam and an iconic American success story, and I met to chat about his fiery manifesto, Capitalists Arise: End Economic Inequality, Grow the Middle Class, Heal the Nation. The book is the culmination of his deep concern that America has lost its way, economically and morally, and is a plea to his fellow business and social leaders to take action. With a new administration in Washington and a resurgence of popularity for the role of…