Beyond shareholder primacy: remaking capitalism for a sustainable future
From the author of Capitalism at the Crossroads, a call to consciousness--and action--for individuals, organizations, communities, and nations. Our current Milton Friedman-style "shareholder primacy capitalism," as taught in business schools and embraced around the world, has become danger...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Stanford, California
Stanford University Press
[2024]
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Schlagworte: | |
Online-Zugang: | DE-898 DE-91 DE-706 DE-29 Volltext |
Zusammenfassung: | From the author of Capitalism at the Crossroads, a call to consciousness--and action--for individuals, organizations, communities, and nations. Our current Milton Friedman-style "shareholder primacy capitalism," as taught in business schools and embraced around the world, has become dangerous for society, the climate, and the planet. Moreover, Stuart L. Hart argues, it's economically unnecessary. But there are surprising reasons for hope--from the history of capitalism itself. Beyond Shareholder Primacy argues that capitalism has reformed itself twice before and is poised for a third major reformation. Retelling the origin story of capitalism from the fifteenth century to the present, Hart argues that a radically sustainable, just capitalism is possible, and even likely, in our lifetime. Hart goes on to describe what it will take to move beyond capitalism's present worship of "shareholder primacy," including corporate transformations to re-embed purpose and reforms to major economic institutions. A key requirement is eliminating the "externalities" (or collateral damage) of our current shareholder capitalism. Sustainable capitalism will explicitly incorporate the needs of society and the planet, include a financial system that allows leaders to prioritize the planet, reorganize business schools around sustainable management thinking, and enable corporations not just to stop ignoring the damage they cause, but actually begin to create positive impact. |
Beschreibung: | 1 Online-Ressource (xviii, 369 Seiten) Illustrationen |
ISBN: | 9781503638747 |
DOI: | 10.1515/9781503638747 |
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520 | 3 | |a From the author of Capitalism at the Crossroads, a call to consciousness--and action--for individuals, organizations, communities, and nations. Our current Milton Friedman-style "shareholder primacy capitalism," as taught in business schools and embraced around the world, has become dangerous for society, the climate, and the planet. Moreover, Stuart L. Hart argues, it's economically unnecessary. But there are surprising reasons for hope--from the history of capitalism itself. Beyond Shareholder Primacy argues that capitalism has reformed itself twice before and is poised for a third major reformation. Retelling the origin story of capitalism from the fifteenth century to the present, Hart argues that a radically sustainable, just capitalism is possible, and even likely, in our lifetime. Hart goes on to describe what it will take to move beyond capitalism's present worship of "shareholder primacy," including corporate transformations to re-embed purpose and reforms to major economic institutions. A key requirement is eliminating the "externalities" (or collateral damage) of our current shareholder capitalism. Sustainable capitalism will explicitly incorporate the needs of society and the planet, include a financial system that allows leaders to prioritize the planet, reorganize business schools around sustainable management thinking, and enable corporations not just to stop ignoring the damage they cause, but actually begin to create positive impact. | |
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Datensatz im Suchindex
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author | Hart, Stuart L. |
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spelling | Hart, Stuart L. Verfasser (DE-588)170407020 aut Beyond shareholder primacy remaking capitalism for a sustainable future Stuart L. Hart, with a foreword by Brian Griffith Stanford, California Stanford University Press [2024] © 2024 1 Online-Ressource (xviii, 369 Seiten) Illustrationen txt rdacontent c rdamedia cr rdacarrier From the author of Capitalism at the Crossroads, a call to consciousness--and action--for individuals, organizations, communities, and nations. Our current Milton Friedman-style "shareholder primacy capitalism," as taught in business schools and embraced around the world, has become dangerous for society, the climate, and the planet. Moreover, Stuart L. Hart argues, it's economically unnecessary. But there are surprising reasons for hope--from the history of capitalism itself. Beyond Shareholder Primacy argues that capitalism has reformed itself twice before and is poised for a third major reformation. Retelling the origin story of capitalism from the fifteenth century to the present, Hart argues that a radically sustainable, just capitalism is possible, and even likely, in our lifetime. Hart goes on to describe what it will take to move beyond capitalism's present worship of "shareholder primacy," including corporate transformations to re-embed purpose and reforms to major economic institutions. A key requirement is eliminating the "externalities" (or collateral damage) of our current shareholder capitalism. Sustainable capitalism will explicitly incorporate the needs of society and the planet, include a financial system that allows leaders to prioritize the planet, reorganize business schools around sustainable management thinking, and enable corporations not just to stop ignoring the damage they cause, but actually begin to create positive impact. Corporate Social Responsibility (DE-588)7697760-2 gnd rswk-swf Unternehmen (DE-588)4061963-1 gnd rswk-swf Soziale Verantwortung (DE-588)4055737-6 gnd rswk-swf Nachhaltigkeit (DE-588)4326464-5 gnd rswk-swf Kapitalismus (DE-588)4029577-1 gnd rswk-swf Nachhaltige Entwicklung Kapitalismus (DE-588)4029577-1 s Corporate Social Responsibility (DE-588)7697760-2 s Nachhaltigkeit (DE-588)4326464-5 s DE-604 Unternehmen (DE-588)4061963-1 s Soziale Verantwortung (DE-588)4055737-6 s Griffith, Brian wpr Erscheint auch als Druck-Ausgabe 978-1-5036-3621-7 https://doi.org/10.1515/9781503638747 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Hart, Stuart L. Beyond shareholder primacy remaking capitalism for a sustainable future Corporate Social Responsibility (DE-588)7697760-2 gnd Unternehmen (DE-588)4061963-1 gnd Soziale Verantwortung (DE-588)4055737-6 gnd Nachhaltigkeit (DE-588)4326464-5 gnd Kapitalismus (DE-588)4029577-1 gnd |
subject_GND | (DE-588)7697760-2 (DE-588)4061963-1 (DE-588)4055737-6 (DE-588)4326464-5 (DE-588)4029577-1 |
title | Beyond shareholder primacy remaking capitalism for a sustainable future |
title_auth | Beyond shareholder primacy remaking capitalism for a sustainable future |
title_exact_search | Beyond shareholder primacy remaking capitalism for a sustainable future |
title_full | Beyond shareholder primacy remaking capitalism for a sustainable future Stuart L. Hart, with a foreword by Brian Griffith |
title_fullStr | Beyond shareholder primacy remaking capitalism for a sustainable future Stuart L. Hart, with a foreword by Brian Griffith |
title_full_unstemmed | Beyond shareholder primacy remaking capitalism for a sustainable future Stuart L. Hart, with a foreword by Brian Griffith |
title_short | Beyond shareholder primacy |
title_sort | beyond shareholder primacy remaking capitalism for a sustainable future |
title_sub | remaking capitalism for a sustainable future |
topic | Corporate Social Responsibility (DE-588)7697760-2 gnd Unternehmen (DE-588)4061963-1 gnd Soziale Verantwortung (DE-588)4055737-6 gnd Nachhaltigkeit (DE-588)4326464-5 gnd Kapitalismus (DE-588)4029577-1 gnd |
topic_facet | Corporate Social Responsibility Unternehmen Soziale Verantwortung Nachhaltigkeit Kapitalismus |
url | https://doi.org/10.1515/9781503638747 |
work_keys_str_mv | AT hartstuartl beyondshareholderprimacyremakingcapitalismforasustainablefuture AT griffithbrian beyondshareholderprimacyremakingcapitalismforasustainablefuture |