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Fortune | Companies must commit to equal pay to make stakeholder capitalism work

Sep 18, 2020


The U.S. is now experiencing the greatest economic downturn since the Great Depression—with the starkest levels of wealth inequality since the 1920s. We need to act, but how? Perhaps we should heed the significance of today, International Equal Pay Day, to guide our path forward.

Grounded in the data and the spirit of American resilience, I’m calling for a furthering of the social contract. We the People must unambiguously embrace stakeholder capitalism. Such an embrace would unleash sustainable economic growth for customers, employees, partners, communities, and society at large. This is America’s future.

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