Inclusive capitalism is a theoretical concept and policy movement that seeks to address the growing income and wealth inequality within Western capitalism following the financial crisis of 2007–2008.^[1]

Robert Ashford argues that the concept of inclusive capitalism is rooted in the postulates of the binary economics.^[2][3]

C. K. Prahalad opens his 2005 book The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits by asking “Why can’t we create inclusive capitalism”.^[4] He uses the term “inclusive capitalism” to invite readers to focus on underserved consumers and markets in order to create opportunity for all.^[5]

In 2012, the Henry Jackson Society created a task force for Inclusive Capitalism Initiative project in order to start a transatlantic conversation about the growing income inequalities and their threat to the capitalist system.^[6]

In 2014, Conference on Inclusive Capitalism, co-hosted by the City of London and E. L. Rothschild holding company, was held in London where the concept of inclusive capitalism was discussed as a practical measure.^[7] At another conference in 2015 the "Pathway to Action" was brainstormed.^[8] In the same 2015 year, the Coalition for Inclusive Capitalism was registered in the United States as a not-for-profit organization.^[9] Lynn Forester de Rothschild became the founding CEO of the Coalition. At the 2016 Conference on Inclusive Capitalism in New York City, participants expressed commitment to promote inclusive economic growth.^[10] Members of the Coalition expressed a belief that all stakeholders, including business and society, should be engaged in the enactment of an inclusive capitalism agenda^[1][11]

In 2019, the Embankment Project for Inclusive Capitalism (EPIC) undertaken by the Coalition together with Ernst & Young reported its findings in a white paper. It was a pioneering effort to "develop a framework and identify meaningful metrics to report on long-term and inclusive value creation activities that heretofore have not been captured on traditional financial statements".^[12]

In 2020, the Council for Inclusive Capitalism, a partnership of the Coalition with the Vatican, was created.^[13][14]

John Kay claims that most of the 21st-century businesses are already inclusive.^[15]

Nafeez Ahmed describes the Inclusive Capitalism Initiative as a Trojan Horse assembled to pacify the coming global revolt against capitalism.^[16]

• Community capitalism
• Humanistic capitalism
• Neo-Capitalism
• Progressive capitalism
• Green capitalism
• Pink capitalism
• Purple capitalism
• Binary economics
• Inclusive growth
• Creating shared value
• Corporate social responsibility
• Redwashing

• Farmer, Paul (2003). Pathologies of Power: Health, Human Rights, and the New War on the Poor. Berkeley, CA: University of California Press.
• Goode, Judith, and Jeff Maskovsky (2001). The New Poverty Studies: The Ethnography of Power, Politics, and Impoverished People in the United States. New York: New York University Press.
• Hammond, Allen L. and C. K. Prahalad (2004). Selling to the Poor, Foreign Policy, 142:30-37.
• Hammond, Allen L., William J. Kramer, Robert S. Katz, Julia T. Tran, Courtland Walker (2007). The Next 4 Billion: Market Size and Business Strategy at the Base of the Pyramid Archived 2008-04-15 at the Wayback Machine. Accessed April 25, 2008.
• O'Connor, Alice (2001). Poverty Knowledge: Social Science, Social Policy, and the Poor in Twentieth-Century U.S. History. Princeton, NJ: Princeton University Press.
• Prahalad, C. K. and, Allen Hammond (2002). Serving the world's poor, profitably, Harvard Business Review, 80(9):48-58.
• Yelvington, Kevin A. (1995). Producing Power: Ethnicity, Gender, and Class in a Caribbean Workplace. Philadelphia: Temple University Press.

• Coalition for Inclusive Capitalism Archived 2021-01-18 at the Wayback Machine
• Coalition for Inclusive Capitalism—Press Archived 2019-12-28 at the Wayback Machine
• Inclusive Capitalism for the American Workforce: Reaping the Rewards of Economic Growth through Broad-based Employee Ownership and Profit Sharing, Center for American Progress, 2011
• The State and Direction of Inclusive Capitalism, Saïd Business School, Oxford University—Deloitte Consulting, LLP
• David G. Green. Inclusive Capitalism: How we can make independence work for everyone, Civitas: Institute for the Study of Civil Society, 2017