Capitalism at the Crossroads: Next Generation Business by Stuart L. Hart

By Stuart L. Hart

Today’s period of monetary challenge has despatched a strong message: The age of "mercenary" capitalism is finishing. We needs to ultimately embark on a brand new age of sustainable, stakeholder-based capitalism. whereas enlightened executives and policymakers comprehend the serious want for swap, few have tangible plans for making it occur. In Capitalism on the Crossroads: subsequent iteration enterprise techniques for a Post-Crisis global, 3rd Edition, Stuart L. Hart provides new recommendations for picking sustainable items, applied sciences, and enterprise types that may force urgently wanted development and support resolve social and environmental difficulties on the related time.

 

Drawing on his event consulting with best businesses and NGOs around the globe, Hart indicates the right way to craft your optimum sustainability procedure and conquer the restrictions of conventional "greening" techniques. during this version, he offers new and up-to-date case reviews from the USA and worldwide, demonstrating what’s operating and what isn’t. He additionally publications company leaders in development an organizational "infrastructure for sustainability"--one which can live on budgeting and boardrooms, recharging innovation and development all through your business. observe:

 

·         the hot company case for pursuing sustainable capitalism

·         Sustainability innovations that move a ways past environmental sensitivity

·         tips to absolutely embed your small business within the neighborhood context--and why you should

·         strategies for making long term sustainability paintings in a temporary world

 

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Additional info for Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World

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Instead, seen through the prism of quality and stakeholder management, these issues could become important opportunities for the company to improve its societal and operating performance simultaneously. A growing body of research pointed to the potential for enhanced financial performance through well-executed pollution prevention and product stewardship strategies. Pioneers such as 3M, Dow, and Dupont realized significant cost reductions and enhanced reputations as a result of their activities.

11. Stern Review, The Economics of Climate Change (Cambridge: Cambridge University Press, 2006). 12. Paul Gilding and Jurgen Randers, “The One Degree War,” Unpublished White Paper, 2009. From the Library of Wow! eBook 18 CAPITALISM AT THE CROSSROADS 13. W. Norton, 2002); and George Soros, George Soros on Globalization (New York: Perseus Books, 2002) and William Easterly, The White Man’s Burden (New York: Penguin Press, 2006). 14. This point is made convincingly by Hernando DeSoto, The Mystery of Capital (New York: Perseus Books, 2000).

EBook PROLOGUE • REINVENTING CAPITALISM FOR THE POST-CRISIS WORLD 15 The result is that during the past 50 years, the gap between the richest and the poorest in the world has continued to widen. 3 percent (a ratio of 30:1). 29 Clearly, MNCs alone are not responsible for all these problems: Banks and international financial institutions such as the International Monetary Fund and the World Bank have played a central role. Corrupt and repressive regimes in the poorest countries have also been major contributors to the problem.

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