Capitalism at risk, updated and expanded : how business can lead / Joseph L. Bower & Herman B. Leonard & Lynn S. Paine.

Format:

Book

Author/Creator:

Bower, Joseph L., author.

Leonard, Herman B., author.

Paine, Lynn Sharp, author.

Language:

English

Subjects (All):

Financial institutions--Effect of technological innovations on.

Financial institutions.

Risk.

Globalization.

Capitalism.

Business planning.

Physical Description:

1 online resource (385 pages) : illustrations

Place of Publication:

Boston, Massachusetts : Harvard Business Review Press, 2020.

Summary:

"Q. Who should take the lead in fixing market capitalism? A. Business--not government alone. The spread of capitalism worldwide has made people wealthier than ever before. But capitalism's future is far from assured. Income inequality, resource depletion, mass migrations from poor to rich countries, religious fundamentalism, the misuse of social media and cyberattacks--these are just a few of the threats to continuing prosperity that we see dominating the headlines every day. How can capitalism be sustained? And who should spearhead the effort? Critics turn to government. In Capitalism at Risk, Harvard Business School professors Joseph Bower, Herman Leonard, and Lynn Paine argue that while governments must play a role, businesses should take the lead. For enterprising companies--whether large multinationals, established regional players, or small start-ups--the current threats to market capitalism present important opportunities. Capitalism at Risk draws on discussions with business leaders around the world to identify twelve potential disruptors of the global market system. Presenting examples of companies already making a difference, the authors explain how business must serve both as innovator and activist--developing corporate strategies that effect change at the community, national, and international levels. Filled with rich insights, Capitalism at Risk presents a compelling and constructive vision for the future of market capitalism"-- Provided by publisher.

Contents:

Part One. The Future of Market Capitalism: Introduction

A projection of global prospects

Threats to the global market system

Seeing the threats as systemic

Part Two. How business can lead: The business response

Leading through innovative business modes

Leading through institutional activism

Rethinking the role of business

Part Three. A Call to Action: How disruptors interact

Companies stepping up to the challenge

Rebuilding confidence in capitalism.

Notes:

Description based on print version record.

Includes index.