Product details:

ISBN13:9780198887942
ISBN10:0198887949
Binding:Hardback
No. of pages:336 pages
Size:220x145x25 mm
Weight:536 g
Language:English
763
Category:

Capitalism and Crises

How to Fix Them
 
Publisher: OUP Oxford
Date of Publication:
 
Normal price:

Publisher's listprice:
GBP 18.99
Estimated price in HUF:
9 172 HUF (8 735 HUF + 5% VAT)
Why estimated?
 
Your price:

8 255 (7 862 HUF + 5% VAT )
discount is: 10% (approx 917 HUF off)
The discount is only available for 'Alert of Favourite Topics' newsletter recipients.
Click here to subscribe.
 
Availability:

Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
Not in stock at Prospero.
Can't you provide more accurate information?
 
  Piece(s)

 
Short description:

The book draws on history, philosophy, psychology, and biology as well economics, law, and finance to describe what has gone wrong, what needs to change, and how to fix it. It sets out the big challenges that capitalism must address and how it should set about doing that.

Long description:
The world is encountering multiple crises - climate, droughts, floods, energy, food, and pandemics, to name a few. We have a problem, this is the solution.

Capitalism and Crises is about how capitalism can fix them - how it can solve not cause them. The reason why it has caused them is that we have misconceived the nature of our capitalist system. We have failed to understand the key institution at the heart of it - business - and as a result we have allowed it to cause as well as solve problems. This book describes why this has happened and what needs to change to address it: it will take you through how the capitalist system operates, where it fails and why, and it will demonstrate that at the core of the problem is the key driver of capitalism and that is profit - the way in which we resource and reward those who run the system.

Currently, profit comes from causing as well as solving problems. It must not, if we are to prevent the problems. Drawing on history, philosophy, psychology, and biology as well economics, law, and finance, Mayer describes what has gone wrong, what needs to change, and how to fix it. He sets out the big challenges that capitalism must address and how it should set about doing that, and discusses how financial institutions should be at the heart of this, and how the public sector can work with the private on a common purpose of solving problems and creating shared prosperity. Capitalism and Crises provides an inspiring and motivational roadmap of how we as practitioners, policymakers, consumers, employees, communities, students, and citizens of the world can together tackle the challenges of the 21st century - to flourish and survive.

Colin Mayer has been an influential voice in the debate about corporate purpose for many years. In this new book, he tackles the problem of how to rethink the entire capitalist system. His core argument - that we should seek to solve the problems of people and planet in a profitable way - is simple and profound. There are no easy fixes, but this important and carefully-argued book provides individuals, businesses and policymakers a practical route to progress.
Table of Contents:
The Problem
The System
The Challenge
The Duty
The Moral Law
The Role of Law
The Method
Owning the Problem
Leading Solutions
The Prize
Valuing the Invaluable
Just Profit
The Commitment
Financing Equity
Our Common Purpose
The End
Acknowledgements
Further Readings