Business & Economics Books:

Capitalism at Risk, Updated and Expanded

How Business Can Lead
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Description

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.

Author Biography:

Joseph L. Bower is the Donald K. David Professor of Business Administration, Emeritus, at Harvard Business School. Over the past five decades, his research has focused on the challenges involved in leading companies as they deal with important changes in the economic, social, and political environment. Herman B. "Dutch" Leonard is the Eliot I. Snider and Family Professor of Business Administration at Harvard Business School and the George F. Baker, Jr., Professor of Public Sector Management at Harvard's Kennedy School of Government. His work at HBS has focused on corporate social responsibility and the leadership of socially oriented components of business organizations. Lynn S. Paine is the John G. McLean Professor of Business Administration at Harvard Business School. She has written widely on leadership and corporate governance, with a focus on how companies can meet high ethical standards while delivering outstanding financial results. You can find the authors at: Joseph. L. Bower: hbs.edu/faculty/Pages/profile.aspx?facId=6426 Herman B. Leonard: hbs.edu/faculty/Pages/profile.aspx?facId=271872, hks.harvard.edu/faculty/herman-b-dutch-leonard Lynn S. Paine: hbs.edu/faculty/Pages/profile.aspx?facId=6526
Release date Australia
July 14th, 2020
Audience
  • Professional & Vocational
Edition
Revised edition
Pages
384
ISBN-13
9781633698253
Product ID
30992737

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