Stakeholder Capitalism

Stakeholder Capitalism

Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

Download Now

Author
Publisher John Wiley & Sons
Release Date
ISBN 1119756146
Pages 304 pages
Rating 4/5 (49 users)

More Books:

Stakeholder Capitalism
Language: en
Pages: 304
Authors: Klaus Schwab
Categories: Business & Economics
Type: BOOK - Published: 2021-01-06 - Publisher: John Wiley & Sons

Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current pictur
Stakeholder Capitalism
Language: en
Pages: 304
Authors: Klaus Schwab
Categories: Business & Economics
Type: BOOK - Published: 2021-01-27 - Publisher: John Wiley & Sons

Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current pictur
Capital and Capitalism
Language: en
Pages: 238
Authors: Rogene A. Buchholz
Categories: Business & Economics
Type: BOOK - Published: 2021-09-21 - Publisher: Routledge

Capitalist societies need to undergo major change to provide for the material needs of all the people who work within the system, not just the 1 percent. They h
Stakeholder Theory and Organizational Ethics
Language: en
Pages: 216
Authors: Robert Phillips
Categories: Business & Economics
Type: BOOK - Published: 2003-09-03 - Publisher: Berrett-Koehler Publishers

Business ethics is a staple in the news today. One of the most difficult ethical questions facing managers is, To whom are they responsible? Organizations can a
The Great Power Competition
Language: en
Pages:
Authors: Adib Farhadi
Categories: Balance of power
Type: BOOK - Published: 2022 - Publisher: Springer Nature

Even before the outbreak of the COVID-19 pandemic, the Central Region faced numerous obstacles to building a stable and prosperous future. The region, which enc
Sustainable Strategic Management
Language: en
Pages: 245
Authors: W. Edward Stead
Categories: Business & Economics
Type: BOOK - Published: 2004 - Publisher: M.E. Sharpe

This work fills the need for a strategic management text that gives full attention to sustainability and environmental protection. It includes chapter-by-chapte
Global Health Watch 6
Language: en
Pages: 488
Authors: Bloomsbury Publishing
Categories: Medical
Type: BOOK - Published: 2022-04-21 - Publisher: Bloomsbury Publishing

Global Health Watch (GHW), now in its sixth edition, provides the definitive voice for an alternative discourse on health. It integrates rigorous analysis, alte
What Went Wrong
Language: en
Pages: 576
Authors: George R. Tyler
Categories: Political Science
Type: BOOK - Published: 2013-07-16 - Publisher: BenBella Books, Inc.

Something has gone seriously wrong with the American economy. The American economy has experienced considerable growth in the last 30 years. But virtually none
Designing Organization Design
Language: en
Pages: 336
Authors: Rodrigo Magalhães
Categories: Business & Economics
Type: BOOK - Published: 2020-10-16 - Publisher: Oxford University Press

As a topic, organization design is poorly understood. While it is featured in most management books as a chapter dedicated to organizational structures, it is u
Rethinking Capitalism
Language: en
Pages: 248
Authors: Rogene Buchholz
Categories: Business & Economics
Type: BOOK - Published: 2013-02-01 - Publisher: Routledge

Given the recent financial meltdown and continuing economic problems the country and the world are facing, Rethinking Capitalism is particularly relevant. With