Capitalists, Arise!: End Economic Inequality, Grow the Middle

Capitalists, Arise!: End Economic Inequality, Grow the Middle Class, Heal the Nation

Peter Georgescu arrived in this country as a penniless Romanian refugee and rose to become the CEO of Young & Rubicam. This is why heâ€™s so heartsick that with flat wages, disappearing jobs, and a shrinking middle class, his kind of rags-to-riches story doesnâ€™t seem possible now. But he has a message for his fellow CEOs: weâ€™re the ones who must take the lead in fixing the economy.

Marshaling deeply sobering statistics, Georgescu depicts the stark reality of America today: a nation with greater wealth inequality and lower social mobility than just about any other country in the developed world. But the problem isnâ€™t that free-market capitalism no longer worksâ€”itâ€™s that itâ€™s been hijacked by shareholder primacy. Where once our business leaders looked to the needs and interests of a variety of stakeholdersâ€”employees, community members, the business itselfâ€”now theyâ€™re myopically focused on maximizing their shareholdersâ€™ quarterly returns.

Capitalists Arise! shows how the short-term thinking spawned by shareholder primacy lies at the root of our current economic malaise and social breakdown. But Georgescu offers concrete actions that capitalists themselves can take to create a better future. The irony is that if businesses do this, shareholders will do even better. In the long run, businesses can thrive only when society is healthy and strong. This book is a manifesto calling on capitalists to heal the nation that has given them so much.
Country USA
Brand Berrett-Koehler
Manufacturer Berrett-Koehler Publishers
Binding Hardcover
ItemPartNumber 9781523082667
Color White
ReleaseDate 2017-05-01
UnitCount 1
EANs 9781523082667

Country	USA
Brand	Berrett-Koehler
Manufacturer	Berrett-Koehler Publishers
Binding	Hardcover
ItemPartNumber	9781523082667
Color	White
ReleaseDate	2017-05-01
UnitCount	1
EANs	9781523082667

Capitalists, Arise!: End Economic Inequality, Grow the Middle Class, Heal the Nation

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