As we embark on the Great Reset, we must build entirely new foundations for our economic and social systems. Those foundations require market incentives that guarantee firms operate with society’s best interests in mind.

Governments have for too-long ignored the consequences of monetary and fiscal intervention on long-term prosperity and society in general. It is time we rebalance incentives so companies operate in a way that benefits stakeholders and society. Instead of focusing on saving jobs by subsidizing and bailing out inefficient organizations, governments should spend on social protection systems that support individuals and alleviate the economic and social consequences of recessions.