Re-Imagining Capitalism
Dominic Barton, Dezsö Horváth, and Matthias Kipping
Abstract
Capitalism has been an unprecedented engine of wealth creation for many centuries, leading to sustained productivity gains and long-term growth and lifting an increasing proportion of humanity out of poverty. But its effects, and hence its future, have come increasingly under question: Is capitalism still improving wealth and well-being for the many? Or, is long-term value creation being sacrificed to the pressures of short-termism, with potentially far-reaching consequences for society, the natural environment, prosperity, and global order? This book reflects both the urgency of the needed ac ... More
Capitalism has been an unprecedented engine of wealth creation for many centuries, leading to sustained productivity gains and long-term growth and lifting an increasing proportion of humanity out of poverty. But its effects, and hence its future, have come increasingly under question: Is capitalism still improving wealth and well-being for the many? Or, is long-term value creation being sacrificed to the pressures of short-termism, with potentially far-reaching consequences for society, the natural environment, prosperity, and global order? This book reflects both the urgency of the needed action and the tremendous opportunity to forge consensus and catalyze a lasting movement toward a more responsible, long-term, and sustainable model of capitalism. This book brings together many of the leading proponents for a reformed, re-imagined capitalism from the fields of academia, business, and NGOs. Its contributors have been at the forefront of thought and action in regard to the future of capitalism. Both individually and collectively, they provide powerful suggestions of what such a long-term oriented model of capitalism should look like and how it can be achieved.
Keywords:
future of capitalism,
long-term growth,
sustainable model of capitalism,
re-imagined capitalism,
short termism
Bibliographic Information
| Print publication date: 2016 |
Print ISBN-13: 9780198785453 |
| Published to Oxford Scholarship Online: October 2016 |
DOI:10.1093/acprof:oso/9780198785453.001.0001 |
Authors
Affiliations are at time of print publication.
Dominic Barton, editor
Global Managing Director, McKinsey & Company
Dezsö Horváth, editor
Dean and Tanna H Schulich Chair in Strategic Management, Schulich School of Business, York University
Matthias Kipping, editor
Professor of Policy and Chair in Business History, Schulich School of Business, York University
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