Re-imagining capitalism : building a responsible long-term model.

Following the financial and economic crisis in 2008, came broad-based recognition that free market economies need to be reformed in the direction of a more stable, equitable and sustainable model of capitalism in order to ensure its survival. This volume provides suggestions of what such a model sho...

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Bibliographic Details
Other Authors: Horváth, Dezsö, 1943- (Editor)
Format: eBook
Language:English
Published: [Place of publication not identified] : Oxford University Press, 2016.
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Online Access:Click for online access
Table of Contents:
  • Cover; Re-Imagining Capitalism; Copyright; Contents; List of Figures; List of Tables; List of Contributors; 1: Re-Imagining Capitalism for the Long Term: Situating the Volume; Introduction: This time is different ... because it has to be; Context: Capitalism as a dynamic-and debated-system; A Patchwork of Reforms since the Late 18th Century; More Systematic Attempts to Improve Capitalism; From Revival (and Triumph) to a Quest for Fundamental Renewal; Improving capitalism from within; Acknowledgments; References; Part I: Trailblazing: The Role of Exemplary Leadership
  • 2: Re-Establishing Trust: Making Business with Purpose the Purpose of BusinessIntroduction: The need for action; The costs for businesses and economies; How business should and can address these challenges; Restoring Trust in Business through Purpose; The Power of One: What a Single Company Can Do; Driving Transformational Change: The Need for Collective Action; Conclusion: Purpose-driven business as a force for good; Acknowledgments; References; 3: Business and Society: Reshaping Global Systems; Introduction; Premise: Business exists to serve society; Adding Value for Society
  • Going Beyond the Core to Change the SystemThe Walmart example; Prioritize Issues that Are Relevant to the Company Mission; Draw on the Companyś Particular Capabilities; Aim for a Triple Bottom Line; Reshape the System for Lasting Improvement; Engage Partners in New and Creative Ways; Embed Triple-Bottom-Line Values in the Business; Concluding remarks; Acknowledgments; References; 4: Family Firms and ``Patient Capital:́́ Thinking in Decades, Not Quarters; Introduction; Four traits of ``patient capital ́́in family firms; A Predisposition for Capital Preservation and Risk Management over Time
  • A Reliance on Company Values and Related People StrategiesAn Ability to Buck Conventional Thinking; An Appreciation of Long-Term Social, Demographic, and Environmental Trends; A Note of Caution: Avoiding Common Pitfalls; Conclusion: patient capital beyond family firms; Acknowledgments; References; 5: Cooperatives: Stakeholder-Oriented by Design, Long-Term Focused by Necessity; Introduction; Cooperatives: History and characteristics; The cooperative model and its advantages; Democratic Governance; Serving Stakeholders; Taking the Longer View; The benefits and challenges of cooperatives
  • The cooperative enterprise: A business model for the 21st century?References; 6: Corporate Community Involvement in the 21st Century; Introduction; A brief history of corporate community involvement; Community engagement in the 21st century; Defining the ``Community ́́for Todayś Multinationals; Motives and Drivers of Corporate Community Involvement; Corporate Purpose and the Business Case for CCI; Core Approaches to CCI; Differences between Developing and Developed Countries; Conclusion: CCI and the re-imagining of capitalism; Acknowledgments; References