New Economy Movement in the United States

The goal of these changes is to remove or alleviate harmful environmental and social impacts of capitalism through alternative economic as well as political practices.

[5] A principal leader of the movement is the political economist and activist Gar Alperowitz, who, with others, promote the democratizing ownership of businesses and the economy as a means to achieve a sustainable, fair, and equal society.

[9] Those who advocate democratization of ownership and other economic changes base their advocacy on a belief in the failures of capitalism in the United States.

Due to these changes, members of the New economy movement advocate a rapid transition to new economic practices that are based on resource conservation, human happiness as a metric of success, and strong local communities.

[5][11] Many institutions have shifted from the orthodox corporate emphasis of profit and economic growth to a more progressive egalitarian and environmentally friendly business model.

The following is a chart of the largest 10 companies in the United States that operate an ESOP or other New Economy Movement based system:[13] Seventh Generation, a company dedicated to producing 'green' household products has policies requiring that no one be paid more than fourteen times the lowest base pay or five times higher than the average employee.

For example labor unions are often at the core of similar social movements, yet they are reliant on economic growth in order to keep their members from losing their jobs.