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Trust in business is declining because business has focused too much on performance and too little on progress. From climate change to unfair compensation and technology-related fears, our list of concerns is large and growing. This book explores how economic actors might evolve their paradigms, preferences, and practices.
List of contents
- 1: Introduction: Capitalism Beyond Mutuality?
- PART I :THE PARADIGM PROBLEM
- 2: John W. Meyer and Mathias Risse: Creation and Claims of a "World Society"
- 3: Bertrand Collomb and Susan Neiman: A Dialog Between Business and Philosophy
- 4: James G. March: Decision Processes and Value Endogeneity
- 5: Kwame Anthony Appiah: The Forest of Reasons
- 6: Kotaro Suzumura: Intergenerational Equity and Responsibility for Future Generations
- PART II: THE AGENCY PROBLEM
- 7: Amartya Sen: Our Obligation to Future Generations
- 8: David Autor and Philip Kitcher: As You Like It: Work, Life, and Satisfaction
- 9: Ebba Hansmeyer, Ramón Mendiola Sanchez, and Jim Hagemann Snabe: Purpose Driven Business for Sustainable Performance and Progress
- 10: Jay B. Barney and David Schmidtz: Behind Every Great Fortune is an Equally Great Crime
- 11: Jerry Davis and S.D. Shibulal: Taming Platform Capitalism to Meet Human Needs
- PART III: THE EFFECTIVENESS PROBLEM
- 12: Robert Frank and Philip Pettit: Corporations in the Economy of Esteem
- 13: Julie Battilana, Michael Fuerstein, and Mike Lee: New Prospects for Organizational Democracy
- 14: Elizabeth Anderson, Ing-Haw Cheng, and Harrison Hong: Philanthropy and Income Inequality
- 15: Valerie Tiberius and James P. Walsh: Elizabeth Anderson, Ing-Haw Cheng, and Harrison Hong
- 16: Rabih Abouchakra, Mona Hammami, and Jim Snabe: The Government's Catalytic Role in Driving Societal Progress
About the author
Subi Rangan is professor of strategy at INSEAD where he holds The Abu Dhabi Crown Prince Court Endowed Chair in Societal Progress. His work explores how enterprises can better integrate performance and progress, and thus rebuild trust in capitalism. In 2013 he initiated the Society for Progress, a fellowship of eminent philosophers, social scientists, and business leaders (www.societyforprogress.org). Their first work was published as Performance & Progress: Essays on Capitalism, Business, and Society (Oxford, 2015). His other research explores the strategies and operations of transnational firms. In 1998 he was awarded the Academy of International Business' Haynes Prize for original work by scholar under forty. In 1995 that academy awarded him the Best Dissertation Award. In 2010 his research won the Emerald award for Top 50 papers in management. Subi earned an MBA from MIT and a Ph.D. in political economy from Harvard University.
Summary
Trust in business is declining because business has focused too much on performance and too little on progress. From climate change to unfair compensation and technology-related fears, our list of concerns is large and growing. This book explores how economic actors might evolve their paradigms, preferences, and practices.
