By Stuart L. Hart
Capitalism is certainly at a crossroads, dealing with overseas terrorism, all over the world environmental swap, and an accelerating backlash opposed to globalization. businesses are at crossroads, too: discovering new concepts for ecocnomic development is now more difficult. either units of difficulties are in detail associated. the way to determine sustainable items and applied sciences which may force new development whereas additionally supporting to resolve ultra-modern most important social and environmental difficulties. Hart indicates the right way to turn into actually indigenous to all markets — and stay away from the pitfalls of conventional 'greening' and 'sustainability' concepts. This publication does not simply element easy methods to a capitalism that's extra inclusive and extra welcome: it deals particular ideas to recharge innovation, progress, and profitability.
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Extra info for Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World's Most Difficult Problems
Economy boomed during the 1990s. 15 We could argue that the TRI was one of the most important and effective pieces of social legislation ever passed. And it required nary a lawsuit, court battle, or inspector to make it happen. Since then, many developing countries have adopted a similar philosophy of transparency and information disclosure as the basis for their environmental policies, since these can be implemented at a fraction of the cost of command-and-control regulations. 16 Quite simply, these laws stipulate that manufacturers are responsible for the products they create all the way to the end of their useful lives.
It seeks to cut through the complexity by providing a readily digestible framework for thinking about the current global situation, characterizing it as the collision of three economies or worlds—the money economy, the traditional economy, and nature’s economy. Ultimately, the challenge is to develop a sustainable global economy: an economy that the planet is capable of supporting indefinitely, while simultaneously providing for the entire human community in a way that respects cultural, religious, and ethnic diversity.
The contents are equally appropriate, however, for those from the nonprofit world, the public sector, and society at large, especially those interested—and inclined—to collaborate with the private sector. 3 4 CAPITALISM AT THE CROSSROADS The book carries an optimistic message. Despite the gathering storm of environmental degradation, antiglobalization protest, and terrorism, it envisions a central and expanding role for commerce, particularly multinational corporations, in fostering global sustainability.
Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World's Most Difficult Problems by Stuart L. Hart