Capitalism at Risk
Rethinking the Role of Business
by Joseph L. Bower; Herman B. Leonard; Lynn S. Paine
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Pub Date Oct 04 2011 | Archive Date Sep 01 2012
Smith Publicity--Harvard Business Review | Harvard Business Review Press
Description
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 ten 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.
Advance Praise
"The world is changing fast and businesses must reexamine their role in maintaining a healthy market system. This insightful new book allows us to consider our role in the world as it really is, not as it was and not as we would wish it to be." - Dennis M. Nally, Global Chairman, PricewaterhouseCoopers
"This book could not be more relevant to our times. The authors have taken the significant step of looking seriously at capitalism's shortcomings economically-and as they pertain to social, environmental, demographic, and other issues that are deeply affecting society today. Capitalism at Risk provides a timely roadmap for rethinking the role of business-and thus should be required reading for anyone interested in creating a more prosperous, sustainable, and equitable global community." - Victor K. Fung, Honorary Chairman, International Chamber of Commerce
"Professors Bower, Leonard, and Paine have laid down a massive challenge, which should be accepted not only by business leaders-the essential wealth creators-to whom it is specifically addressed, but by all who aspire to lead the political, administrative, and investment processes throughout the world." - Sir David Scholey, Senior Advisor, UBS Investment Bank
"The message of this book is clear. To survive and prosper over the long term, learn how to adapt your business model by making it a servant to society and the environment. Not the other way around." - Paul Polman, CEO, Unilever
"An important book. The authors argue that the future of market-driven capitalism is at risk unless business leaders develop new strategies that reduce the negative fallouts of the system, such as growing income disparity and environmental degradation. A clarion call for business to take the lead in saving the system of market capitalism." - Barbara Hackman Franklin, President and CEO, Barbara Franklin Enterprises; former U.S. Secretary of Commerce
Available Editions
| EDITION | Other Format |
| ISBN | 9781422130032 |
| PRICE | $38.00 (USD) |
| PAGES | 256 |
