Description
Book SynopsisThe prevailing aspiration of business is performance, while that of society is progress. Capitalism, both the paradigm and practice, sits at the intersection of these dual aspirations, and the essays in this volume explore its fraught status there.Contributions to this volume address questions such as (i) what''s the problem with capitalism?; (ii) is the problem just with the practice or with the very paradigm?; (iii) what is progress and who is responsible for it?; (iv) what evolution is required at the individual, system, and paradigm level so that enterprises and the executives who lead them may better integrate performance with progress?; and (v) whither consumers, employees, and investors in this evolution?The book offers perspectives from two distinct intellectual domains-social science and philosophy. Scholars in social science (including economics, management, and sociology) tend to study performance. Ideas of progress, on the other hand, tend to fall more under the purview of
Trade ReviewThe volume is ambitious... the list of authors reads like a who's who of the debate about capitalism and economic justice. A rich and inspiring read that is likely to offer food for thought even for readers well familiar with the volume's themes. * Lisa Herzog, Technical University of Munich *
Rangan has curated a thought-provoking exhibition of current thinking which certainly more than meets his modest declared objective of providing material for business school courses on corporate social responsibility * Howard Davies, The Times Literary Supplement, *
Table of ContentsPART I PROBLEM; PART II PROGRESS; PART III BALANCING AND TRADEOFFS; PART IV CHOICES AND PREFERENCES; PART V POWER AND TRUST; DISCUSSION SUMMARY - POWER AND TRUST
