Book : Stakeholder Capitalism A Global Economy That Works...

-Titulo Original : Stakeholder Capitalism A Global Economy That Works For Progress, People And Planet

-Fabricante :

Wiley

-Descripcion Original:

Reimagining our global economy so it becomes more sustainable and prosperous for allOur global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end.The debate over the causes of the broken economy-laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason-is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we dont start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab-the Founder and Executive Chairman of the World Economic Forum-looks for the real causes of our systems shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including:Individual agency: how countries and policies can make a difference against large external forcesA clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomesPlanning for future generations: short-sighted presentism harms our shared future, and that of those yet to be bornBetter measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishingBy accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and-country by country, company by company, and citizen by citizen-glue them back together in a way that benefits us all. From the Inside Flap Major issues continue to plague the world economy. Income inequality has risen steadily over the past few decades, while productivity and wage growth have slowed, and countries remain burdened by high levels of debt. The market power of the worlds largest companies has reached unprecedented levels, raising questions about the spread of innovation and productivity gains. Finally, the exploitation of natural resources is damaging the environment and having real, negative consequences on billions of people. While the debate over the causes of these problems rages on, Professor Klaus Schwab, Founder of the World Economic Forum, argues persuasively in Stakeholder Capitalism that current systems fail to account for or address many of the issues we now face. With his collaborator Peter Vanham, he demonstrates that a holistic response, involving government, business, and individuals, is required to solve these deep-rooted challenges. In the book, Schwab discusses the need for a new social contract with shared responsibility. He provides achievable and actionable advice for companies and governments, NGOs and civil society, and emerging and established economies. He tackles major discussions, including whether an overhaul of global institutions is necessary. He considers best practices from around the world, including Asia, Africa, and Europe. And, he suggests how a stakeholder approach would allow for better outcomes. Perfect for all readers interested in economics and global issues,