John Wiley & Sons Stakeholder Capitalism Cover Think of the global economy as a jigsaw puzzle. At the heart of solving the puzzle and addressing g.. Product #: 978-1-119-75613-2 Regular price: $21.40 $21.40 Auf Lager

Stakeholder Capitalism

A Global Economy that Works for Progress, People and Planet

Schwab, Klaus / Vanham, Peter


1. Auflage Januar 2021
304 Seiten, Hardcover

ISBN: 978-1-119-75613-2
John Wiley & Sons

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Think of the global economy as a jigsaw puzzle.

At the heart of solving the puzzle and addressing global disturbance and uncertainty lies three identifiable issues that need need to fit: First, income and other inequality within societies has been on the rise, while productivity and wage growth slowed, and countries are burdened by debt. Second, the market power of the world's largest companies reached unprecedented levels, raising questions on the spread of innovation and productivity gains. And third, the exploitation of natural resources is leading to a deteriorating environment, affecting the lives of many for the worse.

The debate over what caused this situation is still open: whether laissez-faire governments, a poorly managed globalization, or the rise of technology that favors the few, the possible culprits are legion. In any case, Schwab argues our current system has failed to properly register and address many of the issues we are now faced with.

What are the real causes of our system's shortcomings, and what are false positives? Do solutions lie in small adjustments to our current system, or a complete overhaul of it? And what best practices exist around the world, including Asia, that would allow for better outcomes?

There are no easy answers, and no single stakeholder can provide them. But it is certain that individual actors do have agency, and that policies matter, when it comes to dealing with external forces. Moreover, as success stories from the Switzerland to Singapore, and from Costa Rica to China show, it is only when government, businesses and individuals all play their respective roles, and agree on a social contract with shared responsibility that societal outcomes will be optimal.

Stakeholder Capitalism addresss these problems, and provides achievable answers to solve them. Piece by piece, this new book by Professor Klaus Schwab, Founder and Chairman of the World Economic Forum, shares answers for all stakholders in the global economy, rich and poor, vested and disenfranchised, engaged or searching. The goal: to address problems and provide solutions, piece by piece, stakeholder by stakeholder, country by country, world citizen by world citizen.

About the Authors xi

Preface xiii

Part I The World I Grew Up In

1 75 Years of Global Growth and Development 3

2 Kuznets' Curse: The Issues of the World Economy Today 21

3 The Rise of Asia 55

4 Divided Societies 75

Part II Drivers of Progress and Problems

5 Globalization 93

6 Technology 115

7 People and the Planet 147

Part III Stakeholder Capitalism

8 Concept 171

9 Companies 199

10 Communities 219

Conclusion 247

Acknowledgments 253

Index 259