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The New Capitalist Manifesto: Building a Disruptively better Business

Syed Sheheryar Ali Kazmi, Sheikh Raheel Manzoor, Muhammad Hashim and Daisy Mui Hung Kee

International Journal of Academic Research in Business and Social Sciences, 2016, vol. 6, issue 10, 19-28

Abstract: Welcome to the worst decade since the Great Depression. Trillions of dollars of financial assets destroyed; trillions in shareholder value vanished; worldwide GDP stalled. But this isn't a financial crisis, or even an economic one, says Haque. It's a crisis of institutions--ideals inherited from the industrial age. These ideals include rampant exploitation of resources, top-down command of resource allocations, withholding of information from stakeholders to control them, and a single-minded pursuit of profit for its own sake. All this has produced "thin value" short-term economic gains that accrue to some people far more than others, and that don't make us happier or healthier.

Keywords: Business Approach; Stability and Diagnostic Test (search for similar items in EconPapers)
Date: 2016
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