Work After Globalization

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Work After Globalization

Author : Guy Standing
Publisher : Edward Elgar Publishing
ISBN 13 : 1849802378
Total Pages : 379 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Work After Globalization by : Guy Standing

Download or read book Work After Globalization written by Guy Standing and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a scholarly and erudite work. . . There is a wealth of detail, all illustrated with plenty of fascinating examples. . . It is impossible to give the full flavour of this thoughtful and stimulating book in even a long review, but it deserves to be widely accessible and read. Citizen s Income . . . this is the greatest book ever about work (in all its forms). . . Work after Globalization offers us the kind of foundation we need to launch a new social-democratic program. . . do yourself a favour, don t take my word for it. You need to read this book for yourself. . . If you re ever going to read a book about work, make it this one. Peter Hall-Jones, New Unionism Network This is an important book. It shifts emphasis from the role of capital to the creativity of labour in the creation of value in the real economy. A central role is accorded to each and all of the skills and occupations which contribute to the construction of an economy and a civic culture governed by the public interest. Guy Standing has made an original contribution to the validation of human creativity in the economic process. The work owes an acknowledged debt to the vision of Karl Polanyi. Kari Polanyi-Levitt, McGill University, Canada Standing has written a comprehensive account of what the forces and developments that govern the contemporary world (such as states, employers, trade unions, the globalization of labor markets, financial market crises etc.) do to workers and the conditions under which they work and live. It is rare for a social science work that is full of empirical information to be as accessibly written as this one. It is even rarer to find all three of the things that good social science can deliver fine-grained description, original explanation, sophisticated normative reflection in the pages of a single volume. One of the richest accounts of the fates of labor since Polanyi (1944). Claus Offe, Hertie School of Governance, Germany In Work after Globalization, Guy Standing, one of the most knowledgeable and theoretically sophisticated scholars in the area of labor relations today, paints a rich panorama of contemporary labor practices around the world to demonstrate that we are in the midst of a societal shift of historical dimensions. Standing s concept of occupational citizenship provides a way to re-capture both human agency and community, thereby reconciling the individual with society and flexibility with new forms of social security. This book is a tour de force for its sweeping scope, incisive analysis, and predictive power. Katherine Stone, University of California, Los Angeles, US In this ground-breaking book, Guy Standing offers a new perspective on work and citizenship, rejecting the labourist orientation of the 20th century. Karl Polanyi s The Great Transformation marked the rise of industrial citizenship, which hinged on fictitious labour decommodification. Since the 1970s, this has collapsed and a Global Transformation is under way, in which inequalities and insecurities are becoming unsustainable. Guy Standing explains that while a struggle against paternalism is essential, the desirable egalitarian response to the problems caused by globalization is a strategy to build occupational citizenship. This is based on a right to universal economic security and institutions to enable everybody to develop their capabilities and work whilst respecting the ecological imperatives of the 21st century. The book also explores a phasing out of labour law and a re-orientation of collective bargaining towards collaborative bargaining, highlighting the increased importance of the relationship between groups of workers and citizens as well as between workers and capital. Work after Globalization offers a new perspective on work, rejecting the labourist orientation of the 20th century. Social scientists interested in globalization and labour market issues will warmly welcome this book. It will also strongly appeal to stude

Why Globalization Works

Author : Martin Wolf
Publisher : Yale University Press
ISBN 13 : 0300251734
Total Pages : 690 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis Why Globalization Works by : Martin Wolf

Download or read book Why Globalization Works written by Martin Wolf and published by Yale University Press. This book was released on 2005-06-10 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: A powerful case for the global market economy The debate on globalization has reached a level of intensity that inhibits comprehension and obscures the issues. In this book a highly distinguished international economist scrupulously explains how globalization works as a concept and how it operates in reality. Martin Wolf confronts the charges against globalization, delivers a devastating critique of each, and offers a realistic scenario for economic internationalism in the future. Wolf begins by outlining the history of the global economy in the twentieth century and explaining the mechanics of world trade. He dissects the agenda of globalization’s critics, and rebuts the arguments that it undermines sovereignty, weakens democracy, intensifies inequality, privileges the multinational corporation, and devastates the environment. The author persuasively defends the principles of international economic integration, arguing that the biggest obstacle to global economic progress has been the failure not of the market but of politics and government, in rich countries as well as poor. He examines the threat that terrorism poses and maps the way to a global market economy that can work for everyone.

Making Globalization Work

Author : Joseph E. Stiglitz
Publisher : W. W. Norton & Company
ISBN 13 : 9780393066203
Total Pages : 400 pages
Book Rating : 4.0/5 (662 download)

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Book Synopsis Making Globalization Work by : Joseph E. Stiglitz

Download or read book Making Globalization Work written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2007-09-17 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A damning denunciation of things as they are, and a platform for how we can do better."—Andrew Leonard, Salon Building on the international bestseller Globalization and Its Discontents, Joseph E. Stiglitz offers here an agenda of inventive solutions to our most pressing economic, social, and environmental challenges, with each proposal guided by the fundamental insight that economic globalization continues to outpace both the political structures and the moral sensitivity required to ensure a just and sustainable world. As economic interdependence continues to gather the peoples of the world into a single community, it brings with it the need to think and act globally. This trenchant, intellectually powerful, and inspiring book is an invaluable step in that process.

Servants of Globalization

Author : Rhacel Parreñas
Publisher : Stanford University Press
ISBN 13 : 0804796181
Total Pages : 256 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Servants of Globalization by : Rhacel Parreñas

Download or read book Servants of Globalization written by Rhacel Parreñas and published by Stanford University Press. This book was released on 2015-08-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Servants of Globalization offers a groundbreaking study of migrant Filipino domestic workers who leave their own families behind to do the caretaking work of the global economy. Since its initial publication, the book has informed countless students and scholars and set the research agenda on labor migration and transnational families. With this second edition, Rhacel Salazar Parreñas returns to Rome and Los Angeles to consider how the migrant communities have changed. Children have now joined their parents. Male domestic workers are present in significantly greater numbers. And, perhaps most troubling, the population has aged, presenting new challenges for the increasingly elderly domestic workers. New chapters discuss these three increasingly important constituencies. The entire book has been revised and updated, and a new introduction offers a global, comparative overview of the citizenship status of migrant domestic workers. Servants of Globalization remains the defining work on the international division of reproductive labor.

The Globotics Upheaval

Author : Richard E. Baldwin
Publisher : Oxford University Press, USA
ISBN 13 : 0190901764
Total Pages : 305 pages
Book Rating : 4.1/5 (99 download)

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Book Synopsis The Globotics Upheaval by : Richard E. Baldwin

Download or read book The Globotics Upheaval written by Richard E. Baldwin and published by Oxford University Press, USA. This book was released on 2019 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Digital technology will bring globalisation and robotics (globotics) to previously shielded professional and service sectors. Jobs will be displaced at the eruptive pace of digital technology while they will be replaced at a normal historical pace. The mismatch will produce a backlash - the globotics upheaval"--

Globalization and Labour in the Twenty-First Century

Author : Verity Burgmann
Publisher : Routledge
ISBN 13 : 1317227832
Total Pages : 272 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Globalization and Labour in the Twenty-First Century by : Verity Burgmann

Download or read book Globalization and Labour in the Twenty-First Century written by Verity Burgmann and published by Routledge. This book was released on 2016-04-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Open Access version of this book, available at http://www.tandfebooks.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 3.0 license.Globalization has adversely affected working-class organization and mobilization, increasing inequality by redistribution upwards from labour to capital. However, workers around the world are challenging their increased exploitation by globalizing corporations. In developed countries, many unions are transforming themselves to confront employer power in ways more appropriate to contemporary circumstances; in developing countries, militant new labour movements are emerging. Drawing upon insights in anti-determinist Marxian perspectives, Verity Burgmann shows how working-class resistance is not futile, as protagonists of globalization often claim. She identifies eight characteristics of globalization harmful to workers and describes and analyses how they have responded collectively to these problems since 1990 and especially this century. With case studies from around the world, including Greece since 2008, she pays particular attention to new types of labour movement organization and mobilization that are not simply defensive reactions but are offensive and innovative responses that compel corporations or political institutions to change. Aging and less agile manifestations of the labour movement decline while new expressions of working-class organization and mobilization arise to better battle with corporate globalization. This book will be of interest to students and scholars of labour studies, globalization, political economy, Marxism and sociology of work.

Globalization and Labor Conditions

Author : Robert J. Flanagan
Publisher : Oxford University Press
ISBN 13 : 0195306007
Total Pages : 271 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis Globalization and Labor Conditions by : Robert J. Flanagan

Download or read book Globalization and Labor Conditions written by Robert J. Flanagan and published by Oxford University Press. This book was released on 2006-07-20 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Globalization and Labor Conditions explains how the three main mechanisms of globalization - trade, international migration, and international capital flows - alter working conditions (particularly wages, work hours, and job safety) and labor rights (freedom of association, nondiscrimination, and the elimination of forced and child labor). An important subtheme is the relative importance of international markets and international regulation in providing improvements in labor conditions around the world. Robert Flanagan draws on analyses from his own database on international labor conditions assembled for this project and research on globalization and labor conditions. The book presents evidence on how conditions changed during late 20th-century globalization, and on how economic growth, international trade, migration, and multinational companies influence labor conditions."--BOOK JACKET.

Globalization Under and After Socialism

Author : Besnik Pula
Publisher : Stanford University Press
ISBN 13 : 1503605981
Total Pages : 371 pages
Book Rating : 4.5/5 (36 download)

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Book Synopsis Globalization Under and After Socialism by : Besnik Pula

Download or read book Globalization Under and After Socialism written by Besnik Pula and published by Stanford University Press. This book was released on 2018-07-31 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: The post-communist states of Central and Eastern Europe have gone from being among the world's most closed, autarkic economies to being some of the most export-oriented and globally integrated. While previous accounts have attributed this shift to post-1989 market reform policies, Besnik Pula sees the root causes differently. Reaching deeper into the region's history and comparatively examining its long-run industrial development, he locates critical junctures that forced the hands of Central and Eastern European elites and made them look at options beyond the domestic economy and the socialist bloc. In the 1970s, Central and Eastern European socialist leaders intensified engagements with the capitalist West in order to expand access to markets, technology, and capital. This shift began to challenge the Stalinist developmental model in favor of exports and transnational integration. A new reliance on exports launched the integration of Eastern European industry into value chains that cut across the East-West political divide. After 1989, these chains proved to be critical gateways to foreign direct investment and circuits of global capitalism. This book enriches our understanding of a regional shift that began well before the fall of the wall, while also explaining the distinct international roles that Central and Eastern European states have assumed in the globalized twenty-first century.

Globalization and Poverty

Author : Ann Harrison
Publisher : University of Chicago Press
ISBN 13 : 0226318001
Total Pages : 675 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Globalization and Poverty by : Ann Harrison

Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 675 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

No Country

Author : Sonali Perera
Publisher : Columbia University Press
ISBN 13 : 0231151942
Total Pages : 250 pages
Book Rating : 4.2/5 (311 download)

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Book Synopsis No Country by : Sonali Perera

Download or read book No Country written by Sonali Perera and published by Columbia University Press. This book was released on 2014-01-28 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sonali Perera expands the discourse on working-class fiction by considering a range of international, noncanonical texts, identifying textual, political, and historical linkages overlooked by Eurocentric scholarship. Her readings connect the literary radicalism of the 1930s to the feminist recovery projects of the 1970s, and the anticolonial and postcolonial fiction of the 1960s to today’s counterglobalist struggles, building a new portrait of the twentieth century’s global economy and the experiences of the working class within it. Perera considers novels by the Indian anticolonial writer Mulk Raj Anand; the American proletarian writer Tillie Olsen; Sri Lankan Tamil/Black British writer and political journalist Ambalavaner Sivanandan; Indian writer and bonded-labor activist Mahasweta Devi; South African–born Botswanan Bessie Head; and the fiction and poetry published under the collective signature Dabindu, a group of free-trade-zone garment factory workers and feminist activists in contemporary Sri Lanka. Upsetting the North-South divide, Perera creates a new genealogy of working-class writing as world literature and transforms the ideological underpinnings casting literature as cultural practice.

Globalization and Its Discontents

Author : Joseph E. Stiglitz
Publisher : W. W. Norton & Company
ISBN 13 : 0393071073
Total Pages : 304 pages
Book Rating : 4.3/5 (93 download)

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Book Synopsis Globalization and Its Discontents by : Joseph E. Stiglitz

Download or read book Globalization and Its Discontents written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2003-04-17 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.

After Globalization

Author : Robert K. Schaeffer
Publisher : Routledge
ISBN 13 : 100043303X
Total Pages : 338 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis After Globalization by : Robert K. Schaeffer

Download or read book After Globalization written by Robert K. Schaeffer and published by Routledge. This book was released on 2021-09-20 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s, U.S. officials adopted tax and monetary policies that channeled huge new resources into Wall Street, which fueled a stock market boom. To increase profits and payouts to investors as stock prices soared, corporate managers consolidated businesses, outsourced manufacturing to low-wage countries, and adopted new technologies to increase productivity. Government officials then facilitated mergers and negotiated free trade agreements to speed the process of globalization. Wall Street became an engine of capital accumulation and a force for global change. These developments resulted in massive job losses and stagnant wages for most Americans. Meanwhile, tax cuts and the stock market boom created vast new wealth for the rich, and the top 10 percent seized 50 percent of all income in the United States. The result was growing economic inequality. During the decades that followed, globalization triggered regional economic crises, toppled governments, transformed societies, galvanized economic development in China, and created new forms of wealth and inequality around the world. Then in 2008, a financial crisis rooted in Wall Street triggered the Great Recession, wrecked the legitimacy of globalization as a development strategy, and unleashed populist or "restrictionist" social movements and political parties that challenged globalization and attacked its economic and political foundations. This book examines the origins of globalization in the 1980s, the developments that triggered the Great Recession, and the political and economic forces that contributed to the disintegration of globalization as a force for change in the modern world. After Globalization explains what happened—and what comes next.

The Levelling

Author : Michael O'Sullivan
Publisher : PublicAffairs
ISBN 13 : 9781541724068
Total Pages : 0 pages
Book Rating : 4.7/5 (24 download)

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Book Synopsis The Levelling by : Michael O'Sullivan

Download or read book The Levelling written by Michael O'Sullivan and published by PublicAffairs. This book was released on 2019-05-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brilliant analysis of the transition in world economics, finance, and power as the era of globalization ends and gives way to new power centers and institutions. The world is at a turning point similar to the fall of communism. Then, many focused on the collapse itself, and failed to see that a bigger trend, globalization, was about to take hold. The benefits of globalization--through the freer flow of money, people, ideas, and trade--have been many. But rather than a world that is flat, what has emerged is one of jagged peaks and rough, deep valleys characterized by wealth inequality, indebtedness, political recession, and imbalances across the world's economies. These peaks and valleys are undergoing what Michael O'Sullivan calls "the levelling"--a major transition in world economics, finance, and power. What's next is a levelling-out of wealth between poor and rich countries, of power between nations and regions, of political accountability from elites to the people, and of institutional power away from central banks and defunct twentieth-century institutions such as the WTO and the IMF. O'Sullivan then moves to ways we can develop new, pragmatic solutions to such critical problems as political discontent, stunted economic growth, the productive functioning of finance, and political-economic structures that serve broader needs. The Levelling comes at a crucial time in the rise and fall of nations. It has special importance for the US as its place in the world undergoes radical change--the ebbing of influence, profound questions over its economic model, societal decay, and the turmoil of public life.

Globalization

Author : Jürgen Osterhammel
Publisher : Princeton University Press
ISBN 13 : 0691133956
Total Pages : 196 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Globalization by : Jürgen Osterhammel

Download or read book Globalization written by Jürgen Osterhammel and published by Princeton University Press. This book was released on 2009-08-23 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this work, Jurgen Osterhammel and Niels Petersson make the case that globalization is not so new, after all. Arguing that the world did not turn "global" overnight, the book traces the emergence of globalization over the past seven or eight centuries. In fact, the authors write, the phenomenon can be traced back to early modern large-scale trading, for example, the silk trade between China and the Mediterranean region, the shipping routes between the Arabian Peninsula and India, and the more frequently travelled caravan routes of the Near East and North Africa, all conduits for people, goods, coins, artwork, and ideas.

After Globalization

Author : Eric Cazdyn
Publisher : John Wiley & Sons
ISBN 13 : 1118357523
Total Pages : 256 pages
Book Rating : 4.1/5 (183 download)

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Book Synopsis After Globalization by : Eric Cazdyn

Download or read book After Globalization written by Eric Cazdyn and published by John Wiley & Sons. This book was released on 2012-11-28 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: AFTER GLOBALIZATION “Relentlessly, remorselessly, endlessly, we are told there is no alternative to globalization, whether our lecturers are bourgeois economists, progressive journalists, or imaginative litterateurs. Eric Cazdyn and Imre Szeman dare to go beyond the standard thinking of the day and query the very heart of mobile capital and its impact on daily life. Their alternative vision breathes new life into our sense of evolution and inevitability.” Toby Miller, author of Globalization and Sport and Global Hollywood “Cazdyn and Szeman begin with the idea that the current economic crisis has historicized globalization, turning it from a process that looked as inevitable as, say, global warming still does, into an episode in the history of capitalism: hence the possibility not just of more globalization but of an “after globalization.” And hence also, they argue, the renewed possibility of an “after capitalism.” In powerful critiques of what they describe as the common sense of capital today they sketch out the terms in which changes more radical than substituting generous and honest leaders for the greedy and dishonest ones we’ve currently got might begin to be imagined.” Walter Benn Michaels, University of Illinois at Chicago In lively and unflinching prose, Eric Cazdyn and Imre Szeman argue that contemporary thought about the world is disabled by a fatal flaw: the inability to think “an after” to globalization. After establishing seven theses (on education, morality, nation, future, history, capitalism, and common sense) that challenge the false promises that sustain this time limit, After Globalization examines four popular thinkers (Richard Florida, Thomas Friedman, Paul Krugman, and Naomi Klein) and considers how their work is dulled by these promises. Cazdyn and Szeman then speak to students from around the globe who are both unconvinced and uninterested in these promises and who understand the world very differently than the way it is popularly represented. After Globalization argues that a true capacity to think an after to globalization is the very beginning of politics today.

Women, Work, and Globalization

Author : Bahira Sherif Trask
Publisher : Routledge
ISBN 13 : 1134699395
Total Pages : 310 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Women, Work, and Globalization by : Bahira Sherif Trask

Download or read book Women, Work, and Globalization written by Bahira Sherif Trask and published by Routledge. This book was released on 2013-10-30 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Women increasingly make up a significant percentage of the labor force throughout the world. This transformation is impacting everyone's lives. This book examines the resulting gender role, work, and family issues from a comparative worldwide perspective. Working allows women to earn an income, acquire new skills, and forge social connections. It also brings challenges such as simultaneously managing domestic responsibilities and family relationships. The social, political, and economic implications of this global transformation are explored from an interdisciplinary perspective in this book. The commonalities and the differences of women’s experiences depending on their social class, education, and location in industrialized and developing countries are highlighted throughout. Practical implications are examined including the consequences of these changes for men. Engaging vignettes and case studies from around the world bring the topics to life. The book argues that despite policy reforms and a rhetoric of equality, women still have unique experiences from men both at work and at home. Women, Work, and Globalization explores: Key issues surrounding work and families from a global cross-cultural perspective. The positive and negative experiences of more women in the global workforce. The spread of women’s empowerment on changes in ideologies and behaviors throughout the world. Key literature from family studies, IO, sociology, anthropology, and economics. The changing role of men in the global work-family arena. The impact of sexual trafficking and exploitation, care labor, and transnational migration on women. Best practices and policies that have benefited women, men, and their families. Part 1 reviews the research on gender in the industrialized and developing world, global changes that pertain to women’s gender roles, women’s labor market participation, globalization, and the spread of the women’s movement. Issues that pertain to women in a globalized world including gender socialization, sexual trafficking and exploitation, labor migration and transnational motherhood, and the complexities entailed in care labor are explored in Part 2. Programs and policies that have effectively assisted women are explored in Part 3 including initiatives instituted by NGOs and governments in developing countries and (programs) policies that help women balance work and family in industrialized countries. The book concludes with suggestions for global initiatives that assist women in balancing work and family responsibilities while decreasing their vulnerabilities. Intended as a supplemental text for advanced undergraduate and/or graduate courses in Women/Gender Issues, Work and Family, Gender and Families, Global/International Families, Family Diversity, Multicultural Families, and Urban Sociology taught in psychology, human development and family studies, gender and/or women’s studies, business, sociology, social work, political science, and anthropology. Researchers, policy makers, and practitioners in these fields will also appreciate this thought provoking book.

Stakeholder Capitalism

Author : Klaus Schwab
Publisher : John Wiley & Sons
ISBN 13 : 1119756138
Total Pages : 311 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Stakeholder Capitalism by : Klaus Schwab

Download or read book Stakeholder Capitalism written by Klaus Schwab and published by John Wiley & Sons. This book was released on 2021-01-27 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing 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.