Capitalism at the Crossroads: Next Generation Business by Stuart L. Hart

By Stuart L. Hart

Today’s period of monetary drawback has despatched a strong message: The age of "mercenary" capitalism is finishing. We needs to ultimately embark on a brand new age of sustainable, stakeholder-based capitalism. whereas enlightened executives and policymakers comprehend the severe desire for switch, few have tangible plans for making it take place. In Capitalism on the Crossroads: subsequent iteration company options for a Post-Crisis global, 3rd Edition, Stuart L. Hart offers new suggestions for making a choice on sustainable items, applied sciences, and company types that might force urgently wanted progress and aid remedy social and environmental difficulties on the related time.

 

Drawing on his event consulting with most sensible businesses and NGOs around the world, Hart indicates how you can craft your optimum sustainability technique and conquer the restrictions of conventional "greening" ways. during this variation, he provides new and up to date case reviews from the USA and around the globe, demonstrating what’s operating and what isn’t. He additionally publications enterprise leaders in development an organizational "infrastructure for sustainability"--one which may continue to exist budgeting and boardrooms, recharging innovation and development all through your small business. detect:

 

·         the recent enterprise case for pursuing sustainable capitalism

·         Sustainability options that pass some distance past environmental sensitivity

·         the way to absolutely embed what you are promoting within the neighborhood context--and why you should

·         strategies for making long term sustainability paintings in a non permanent world

 

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Additional info for Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World, 3rd Edition

Example text

Shapiro’s portrayal of biotechnology’s role in the future of agriculture generated unprecedented levels of public attention and scrutiny. This scrutiny resulted in problems for Monsanto as critics cast bright lights on incidents in which company actions did not match the spirit of Shapiro’s vision. For example, when Monsanto attempted to launch its genetically modified seeds in Europe, it met intense resistance from organic farmers and environmentalists, despite the fact that all the necessary regulatory approvals had been secured.

18 CAPITALISM AT THE CROSSROADS 13. W. Norton, 2002); and George Soros, George Soros on Globalization (New York: Perseus Books, 2002) and William Easterly, The White Man’s Burden (New York: Penguin Press, 2006). 14. This point is made convincingly by Hernando DeSoto, The Mystery of Capital (New York: Perseus Books, 2000). 15. Peter Navarro, The Coming China Wars (Upper Saddle River: Prentice Hall, 2006). 16. See, for example, Wolfgang Sachs, Planet Dialectics (London: Zed Books, 1999). 17. org/mdg.

Unfortunately, when lawmakers and activists unfamiliar with operations or market dynamics write the rules for compliance, it is a virtual certainty that the rules will not integrate well with company strategy or operations. Taking a reactive posture thus doomed companies to a decade or more of onerous regulations that treated the symptoms rather than the underlying problems. These regulations targeted specific wastes, emissions, pollutants, and exposure levels through command-and-control-style rules that forced companies to deal with problems “at the end of the pipe” rather than addressing them as part of their core strategy or operations.

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