The dominance of 1% of the wealthiest owners of corporations in the knowledge and digital economy calls for a new economic system, because the workforce is the one that creates value and wealth for the economy.

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American democratic capitalism should evolve to create a fairer and more
competitive environment, rather than allowing giant corporations to dominate
and influence our sociopolitical and economic systems.

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Given the current sociopolitical and economic institutions' monetary and political power, a new and creative form of democratic capitalism must empower workers who generate economic wealth by having:

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1. Workplace democracy, and

2. Authority to participate in decision- making.

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Keeping that in mind, the director of the “Edified Capitalist Institute” has developed an innovative, forward-thinking, collaborative, and autonomous business structure.

 

This approach is specifically designed to help all American small businesses and a skilled, educated workforce become a strong, competitive force against corporate dominance.
 

This is discussed in “Edified Capitalists Unravel Flaws of Capitalism.”

The innovative business organizational system is the “Dual Entity Collaborative
Business Entity System” (DECBES).

 

The primary purpose of DECBES was to
reconceptualize capitalism's economic
institutions.

DECBES is a member-owned and operated organization designed to address the challenges of the digital economy by promoting collaboration, innovation, ethical practices, and human capital as key drivers of economic success.