A Quote by Simon Mainwaring
In the coming years, if not sooner, social media will become a powerful tool that consumers will aggressively use to influence business attitudes and force companies into greater social responsibility - and, I suggest, move us towards a more sustainable practice of capitalism.
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Corporations, consumers, and citizens must begin acting in concert to create a powerful third pillar of social transformation if we hope to meet the social challenges we currently face with equal force. This begins with corporations that choose to alter how they practice capitalism in two ways to serve the greater good.
Business is the most powerful force in society. It has the highest potential for solving social problems. Once consumers saw examples of prosperous companies integrating social concerns into their business practices, they were emboldened to demand the same of other businesses. Businesses could no longer say it was impossible.
We've now become conscious of the uncalculated social, economic, and environmental costs of that kind of "unconscious" capitalism. And many are beginning to practice a form of "conscious capitalism," which involves integrity and higher standards, and in which companies are responsible not just to shareholders, but also to employees, consumers, suppliers, and communities. Some call it "stakeholder capitalism."
My social media world is detached from my friendship world. I'll have friends in real life that I don't follow on social media, because I don't really look at social media as the way of connecting to friends. For me, social media is like a business tool.
Brands' use of social media is not a matter of yes or no. It is simply a matter of how and when. The next generation of consumers will expect their brands to always be available, providing interactive experiences and bringing value to our lives by taking advantage of social media tools in their marketing communications
I think we have to continue to protect women on social media, who are coming out in a world that can still be very harsh towards them, so that they do not feel that they are alone. And of course, some of these attacks happen on social media, so we do need to provide a counter narrative - a supportive narrative - so that the voices of those that are punitive towards women does not become the dominant voice.
I'm going to proportion more time to organizing and taking action and less time to passively consuming news that is dispiriting me. Part of this will be to get off social media. I know social media is just a tool, but we've been using it in a way that has transformed us from a nation into an audience, passively spectating our own ruin.
To become proficient in any field you must practise. There is simply no achievement without practice and the more practice, provided it is done intelligently, the greater will the proficiency be and the sooner will it be attained.
When you look at things like social media, that's an immensely powerful tool that I'm all in favor of. I think it's amazing. It's a powerful tool, and it's one that we're, as a species, still grappling with learning to use. It's like we've grown an extra tail and we inadvertently lash out and knock over all of the furniture.
Anyone close to me will be familiar with my frustrations with certain aspects of social media: the behaviour it encourages and attitudes towards the self it can breed.
The internet, like social media, seems to me to depend on how you use it, where you spend your time on it. I used to be quite anti-social media, but I can see now that it can be a good tool for artists, a way for us to speak to each other outside of standard economies and across languages and borders.
Companies should not have a singular view of profitability. There needs to be a balance between commerce and social responsibility... The companies that are authentic about it will wind up as the companies that make more money.
Concerned consumers are realizing that they can use social media to organize themselves around shared values to start effective movements. Social media gives them a sounding board to share ideas, as well as a means to punish irresponsible corporate behaviors.
The ultimate cause of the October Crisis was the ideological embrace of Milton Friedman's warped but still dominant view that "the only social responsibility of business is to make a profit for its shareholders," and until that socially and economically counterproductive - and empirically, legally and ethically inaccurate - view is corrected, we will continue to have the increasing and more intense crises of global capitalism that we have seen recur with ever greater frequency over the past forty years. Sadly but clearly, the lessons have still not been learned.
Consumers value their personal time and are loyal to those companies that make their lives more productive. Brands gaining some of the biggest successes in social media are engaging with millions of consumers through value exchange.
China's social media is becoming more and more influential; I think this is a very good thing. In China, social media gives people an outlet to post about themselves, to find out information from other people. Everyone is very focused on social media and this will be the same in the future.
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