Description
Book SynopsisThe spread of capitalism worldwide has made people wealthier than ever before. But capitalism’s future is far from assured. The global financial meltdown of 2008 nearly produced a great depression. Economies in Europe are still teetering. Income inequality, resource depletion, mass migrations from poor to rich countries, religious fundamentalismthese are just a few of the threats to continuing prosperity.
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 companieswhether large multinationals, established regional players, or small start-upsthe current threats to market capitalism present important opportunities.
Capitalism at Risk draws on discussions with business leaders around the
Trade Review
"Capitalism at Risk is a much recommended read for anyone who wants to better understand the future role of business in successful capitalism." -- Midwest Book Review
Table of Contents
1. Introduction: An Inquiry Into the Future of Market Capitalism 2. A Projection of Global Prospects 3. Threats to the Global Market System 4. Seeing the Threats as Systemic 5. The Business Response: Five Possible Roles 6. Leading through Innovative Business Models 7. Leading Through Institutional Activism 8. Rethinking the Role of Business