"First of all we talk about radical transparency – because, like we said before, we believe in ‘social by open.’ See the potential disruptive genius of Fairphone – co-invested in by our friends at BGV – who are attacking the socially unjust & environmentally destructive dirty secrets of the smartphone industry by making their own smartphone. By being absolutely transparent about where their raw materials come from, they aim to force better working practices right across the industry. A great social-by-open start-up story – but equally, radical transparency applies to tax behaviour, remuneration, ownership, political lobbying – as Indy Johar explained in his draft for an Open Limited Sector. Now that the public sector seems increasingly unable to regulate the globalised private sector, leading to scandals like ‘horse meat’ or atrocities like the Bangladesh clothing factory collapse, mass citizen scrutiny is required – and companies that are voluntarily open should benefit from greater legitimacy and other advantages. (and of course it’s not just large corporates to whom this applies – let’s also talk about the cooperative sector, or charities, or social enterprise – the deep impact they are or aren’t able to generate, the pay packages etc).