The prevailing aspiration of business is performance, while that of society is progress. Capitalism, both the paradigm and practice, sits at the intersection of these dual aspirations, and the essays in this volume explore its fraught status there. Contributions to this volume address questions such as (i) what's the problem with capitalism?; (ii) is the problem just with the practice or with the very paradigm?; (iii) what is progress and who is responsible for it?; (iv) what evolution is required at the individual, system, and paradigm level so that enterprises and the executives who lead them may better integrate performance with progress?; and (v) whither consumers, employees, and investors in this evolution? The book offers perspectives from two distinct intellectual domains-social science and philosophy. Scholars in social science (including economics, management, and sociology) tend to study performance. Ideas of progress, on the other hand, tend to fall more under the purview of philosophers (in particular social and political philosophers). Further, to obtain an insider's view on practice and possibilities, the volume includes essays from a handful of thoughtful business leaders. Research should consider not just how to make sustainability profitable, but also how to make profitability and the modern economic system sustainable. If we are to better comprehend why the world is in protest, to reflect on progress or dilemmas of trust, we must appreciate the tenuous assumptions of modern microeconomics and markets, and hear from modern philosophers about the basis and limits of rationality.
Introduction ; PART I PROBLEM ; 1. What's Wrong with Capitalism? ; 2. Do The Mistakes Lie In Decision Makers Or In Economics? ; 3. Some Failures Of The Economy ; 4. Toward a Philosophy of Corruption ; 5. Social Control in a Stateless World Society: Confronting and Constructing Social Problems ; Discussion Summary - Problem ; PART II PROGRESS ; 6. Capitalism and Human Progress ; 7. On Progress ; 8. Freedom, Responsibility, and Keeping [Our] Hope Alive ; 9. Progress and Public Reasoning ; 10. An Entrepreneur's Reflections on Progress ; Discussion Summary - Progress ; PART III BALANCING AND TRADEOFFS ; 11. The Business Enterprise as an Ethical Agent ; 12. Shareholders, Stakeholders, and Strategic Factor Markets ; 13. Climate Change, Justice and Humanity's Collective Ownership of the Earth: Intergenerational Perspectives ; 14. The Paradox of Abundance: Automation Anxiety Returns ; 15. A Unique Opportunity: Balance without Trade-offs? ; 16. The Goal and Role of Business ; Discussion Summary - Balancing and Tradeoffs ; PART IV CHOICES AND PREFERENCES ; 17. Holistic Capitalism: The Role of Individuals ; 18. Whither the Good Firm: Quasi-Experiments in Corporate Social Responsibility ; 19. Positional Externalities as a Source of Market Failure ; 20. Well-being, Values and Improving Lives ; 21. Ideas of Reason ; Discussion Summary - Choices and Preferences ; PART V POWER AND TRUST ; 22. Two Fallacies about Corporations ; 23. Corporate Power In The 21st Century ; 24. Contesting The Market: An Assessment Of Capitalism's Threat To Democracy ; 25. Recasting The Corporate Model: What Can Be Learned From Social Enterprises? ; 26. Trust and power ; DISCUSSION SUMMARY - POWER AND TRUST
(0 Comentarios)
