Written by Justin Chan, Founder of The Community Company. Published on January 25, 2021.

7 Minute Read.

It used to be that for-profit businesses and non-profit organizations had their place: one was to make money and the other existed to make an impact.

But have you noticed how more businesses have added some element of social impact to their work?

Our capitalistic system has its values: it provides consumers with choices and catapults innovative ideas into successful businesses. But on the flip side of that is a system that aims to maximize profits without a legal requirement to care for the well-being of society as a whole.

We care more about social goals and causes: the environment, low-income communities, racial justice, etc. We’re now challenging the businesses that we support and asking them how they are making a difference in the world.

While businesses are now evolving to include some social benefit, this traditional capitalism model is flawed because it’s fundamental objective is still to create the most profit possible for its shareholders.

The Community Blog

The purpose of our blog is to share knowledge, resources, and perspectives on the social causes that are important to our community. Blogs are written by subject-matter experts, including individuals with lived experience, academics, as well as those who work in the field.