Speaking at the annual Clinton Global Initiative meeting, Clinton predicted that American corporations will see a repudiation of the bottom line-focused business philosophy that now dominates. This change will happen, he said, without significant government involvement.

“I think the government can have incentives that will encourage it, but I think by and large it will happen, if it does, because of proof that markets work better that way,” Clinton said, adding that companies will see overall greater success by taking care of their employees and doing good for more than only their shareholders.

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This corporate change, Clinton said, will be one of the most important keys to building a better future.

“We’re going to share inequality, misery and conflict, or we’re going to share prosperity, responsibilities and a sense of community,” Clinton said.