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Global Capitalism at Risk: What Are You Doing About It
Bower, Joseph L.; Leonard, Herman B.; Paine, Lynn S.Article HBS-R1109H-EMarket capitalism, a system that has proven to be a remarkable engine of wealth creation, is poised for a breakdown. That sounds dire, and it is. Increasing income inequality, migration, weaknesses in the global financial system, environmental degradation, and inadequate government and international institutions are just a few of the forces that threaten to disrupt global market capitalism in the decades ahead. In conversations with business lead...Starting at €8.20
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What Are You Doing About It? (Spanish version)
Bower, Joseph L.; Leonard, Herman B.; Paine, Lynn S.Article HBS-R1109HStrategyMarket capitalism, a system that has proven to be a remarkable engine of wealth creation, is poised for a breakdown. That sounds dire, and it is. Increasing income inequality, migration, weaknesses in the global financial system, environmental degradation, and inadequate government and international institutions are just a few of the forces that threaten to disrupt global market capitalism in the decades ahead. In conversations with business lead...Starting at €8.20
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Threats to the Global Market System: Ten Potential "Disruptors" of Global Capitalism
Bower, Joseph L.; Leonard, Herman B.; Paine, Lynn S.Book Chapter HBS-8617BC-EThe World Bank forecast for the year 2030 provides reason for optimism. The forces of global market capitalism seem to be gathering strength, and long-term prospects show reasonable economic growth. But there are also challenges. As we have already seen, the benefits of growth will not be evenly spread across countries--or even within countries--and collateral damage to the environment will be significant. Scarce resources will be consumed, and t...Starting at €8.20
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Rethinking the Role of Business: Imagining the Future of Global Capitalism--New Capabilities and Mind-Sets Required of Twenty-First Century Leaders
Bower, Joseph L.; Leonard, Herman B.; Paine, Lynn S.Book Chapter HBS-8626BC-EThe decades since the end of World War II have seen unprecedented economic growth on a worldwide scale. A host of nations have chosen to join the free-market system and have prospered in it. A global network of enterprise has emerged, linking giant corporations in developed nations with small businesses in emerging nations. Increasingly, the world operates as one economic system. In this chapter, Harvard Business School professors Joseph Bower, H...Starting at €8.20
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Introduction: The Role of Business in the Future of Market Capitalism
Bower, Joseph L.; Leonard, Herman B.; Paine, Lynn S.Book Chapter HBS-8615BC-EThe spread of capitalism worldwide has made people wealthier than ever before. But especially in the wake of the 2008 financial meltdown, capitalism's future is far from assured. As Europe's economies teeter, as income inequality incenses those struggling to make ends meet, and as mass migrations alter world demographics, a question arises: can capitalism be sustained? In this introductory chapter, Harvard Business School professors Joseph Bower,...Starting at €8.20
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Seeing the Threats as Systemic: The Relationships Between the Forces That Threaten Global Capitalism--And the Question of Ultimate Responsibility
Bower, Joseph L.; Leonard, Herman B.; Paine, Lynn S.Book Chapter HBS-8618BC-EAlthough the potential "disruptors" of global capitalism--such as the stability of the financial system, inequality and populism, mass migration, and terrorism--might seem to be discrete and self-contained, they are not. Market capitalism must be viewed in relation to the larger sociopolitical system in which it is embedded. In this chapter, Harvard Business School professors Joseph Bower, Herman Leonard, and Lynn Paine build a framework showing ...Starting at €8.20
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A Projection of Global Prospects: The World Bank Study Imagines the Year 2030--And Implications for the Future of Capitalism
Bower, Joseph L.; Leonard, Herman B.; Paine, Lynn S.Book Chapter HBS-8616BC-EEven before the global financial crisis of 2008, the future of capitalism had become a matter of concern to business leaders around the world. That much became clear in a series of discussion forums in Europe, East Asia, Latin America, and the United States, hosted by Harvard Business School professors Joseph Bower, Herman Leonard, and Lynn Paine in 2007 and 2008. In this chapter, the authors present the context for their discussions with the lea...Starting at €8.20
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Sustainability in the Boardroom
Paine, Lynn S.Article HBS-R1407G-EMore and more companies recognize the importance of corporate responsibility to their long-term success--and yet the matter gets short shrift in most boardrooms, consistently ranking at the bottom of some two dozen possible priorities. Many years ago labor conditions in Asian contract factories prompted Nike board member Jill Ker Conway to lobby for a board-level corporate responsibility committee, which the company created in 2001. In the years ...Starting at €8.20
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The Business Response: Five Views of the Role of Business in Ensuring a Viable Future for Market Capitalism
Bower, Joseph L.; Leonard, Herman B.; Paine, Lynn S.Book Chapter HBS-8619BC-EWhat should be done about the challenges facing market capitalism? And more specifically, what is the role of business in combating potential disruptors and ensuring the system's health and future viability? In this chapter, Harvard Business School professors Joseph Bower, Herman Leonard, and Lynn Paine examine four views that emerged from their discussion forums with prominent business leaders in Europe, East Asia, Latin America, and the United ...Starting at €8.20
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Leading Through Institutional Activism: Government as a New Domain of Business Engagement--How Businesses Can Strengthen the Foundations of Capitalism
Bower, Joseph L.; Leonard, Herman B.; Paine, Lynn S.Book Chapter HBS-8625BC-ECompanies that exemplify how business can positively reinforce market capitalism often do so by operating beyond the nexus of direct stakeholder relationships. In addition to innovating their products and business models, these companies also forge innovative relationships with indirect stakeholders--parties whose participation may be needed to effect change but with whom the company does not have a contractual or market connection. This is where...Starting at €8.20