Economics & Finance

Corporation 2020: Transforming Business for Tomorrow's World

Hardcover

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Sale Price:
$20.50/拢17.50
Price:
$41.00/拢35.00
ISBN:
Published:
Sep 27, 2012
2012
Pages:
296
Size:
6 x 9 in.
Illus:
21 photos and illustrations

There is an emerging consensus that all is not well with today鈥檚 market-centric economic model. Although it has delivered wealth over the last half century and pulled millions out of poverty, it is recession-prone, leaves too many unemployed, creates ecological scarcities and environmental risks, and widens the gap between the rich and the poor. Around $1 trillion a year in perverse subsidies and barriers to entry for alternative products maintain 鈥渂usiness-as-usual鈥 while obscuring their associated environmental and societal costs. The result is the broken system of social inequity, environmental degradation, and political manipulation that marks today鈥檚 corporations.
 
We aren鈥檛 stuck with this dysfunctional corporate model, but business needs a new DNA if it is to enact the comprehensive approach we need. Pavan Sukhdev lays out a sweeping new vision for tomorrow鈥檚 corporation: one that will increase human wellbeing and social equity, decrease environmental risks and ecological losses, and still generate profit. Through a combination of internal changes in corporate governance and external regulations and policies, Corporation 2020 can become a reality in the next decade鈥攁nd it must, argues Sukhdev, if we are to avert catastrophic social imbalance and ecological harm.
 
Corporation 2020 presents new approaches to measuring the true costs of business and the corporation鈥檚 obligation to society. From his insightful look into the history of the corporation to his thoughtful discussion of the steps needed to craft a better corporate model, Sukhdev offers a hopeful vision for the role of business in shaping a more equitable, sustainable future.