Internality exists to create the blueprint for the emerging economic system. It is a non-profit corporation dedicated to engaging an expanding coalition of business leaders, academics, and other key stakeholders in catalyzing a systemic rework of how business is conducted and how the economy works.
Internality reconnects economic design to operating reality. Our role is to provide the infrastructure that makes that possible.
The firm is a critical site of economic innovation.
Externalities are not moral failures, but design failures.
Design can be changed through evidence-based practice.
Why "InterNality"?
The name is a deliberate play on "externality" - the term economists use for costs that businesses push outside their balance sheets onto society and the environment. Internality aims to abolish the very concept of externalities. Aligning economic success, human flourishing, and ecological integrity.
Internality is a CEO-led platform for redesigning how business internalizes social and environmental costs — through experimentation, data, and shared learning.
Its purpose is to turn systemic risk into competitive advantage.
Internality seeks to engage an expanding coalition of business leaders, academics, and other key stakeholders to catalyze a systemic rework of how business is conducted and how the economy works.
The intellectual foundation for Internality is laid out in Stuart Hart's book Beyond Shareholder Primacy: Remaking Capitalism for a Sustainable Future (Stanford Business Books, 2024), which traces the historical cycles of economic reformation and makes the case for why privately held companies are uniquely positioned to lead the next transformation.
This has happened before. Our economic system has undergone multiple cycles of reformation - from mercantile trade economies of the 17th century, to the market capitalism that followed the American Revolution, to the monopoly era of the Gilded Age, to the welfare capitalism of the postwar middle class, to the shareholder primacy that has dominated since the 1980s. Each cycle was prompted by the excesses of the prior era. Each was led by practical people who recognized the system needed redesign, not destruction. We are at another such inflection point, and the leaders of privately held companies are uniquely positioned to drive it.