Reimagining our global economy so it becomes more sustainable and prosperous for all
Our 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 don't 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 system's 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:
By 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.
The end of the Cold War did not, as some might have hoped, simplify the issues facing world leaders. Civil war, famine, overpopulation, chronic unemployment, and an exploding refugee problem continue to plague the world economy, to the point where we begin to wonder whether national boundaries can contain such crises, or whether the challenges that face the world are beyond the reach of the leaders we have elected. Has the increasing disparity between the haves and the have nots, between the knows and don't knows led to an unbridgeable gap between rich and poor peoples and rich and poor countries?
Overcoming Indifference offers contributions from Nobel Prize winners, statesmen, scholars and university professors, and chief executive officers of major industrial corporations. The contributors include such well-known and disparate thinkers as Elie Wiesel, Samuel P. Huntington, Michael Hammer, and Carl Sagan. Highlighting subjects as diverse as the new information society, methods of creating sufficient employment, the disintegration of previously held value systems, and the maintenance of global security in the post-Cold War world, the contributors, propose the best possible courses of action.
The end of the Cold War did not, as some might have hoped, simplify the issues facing world leaders. Civil war, famine, overpopulation, chronic unemployment, and an exploding refugee problem continue to plague the world economy, to the point where we begin to wonder whether national boundaries can contain such crises, or whether the challenges that face the world are beyond the reach of the leaders we have elected. Has the increasing disparity between the haves and the have nots, between the knows and don't knows led to an unbridgeable gap between rich and poor peoples and rich and poor countries?
Overcoming Indifference offers contributions from Nobel Prize winners, statesmen, scholars and university professors, and chief executive officers of major industrial corporations. The contributors include such well-known and disparate thinkers as Elie Wiesel, Samuel P. Huntington, Michael Hammer, and Carl Sagan. Highlighting subjects as diverse as the new information society, methods of creating sufficient employment, the disintegration of previously held value systems, and the maintenance of global security in the post-Cold War world, the contributors, propose the best possible courses of action.