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Summary

Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. 

The debate over the causes of the broken economy - laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason - is wide open. Stakeholder Capitalism argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Klaus Schwab looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope.

©2021 World Economic Forum (P)2021 Gildan Media

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  • Edgar Angeles
  • 31-05-21

Interesting read but….

Very interesting concept, makes total sense and is a good way going forward following already known countries
Only concern is the author need to be equally critical of unions as he has with corporations, unions are still a political arm and unionized worker do not get a single benefit from the union fees, laziness is promoted and defended, which destroys as much as monopolies and corruption.

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  • Anonymous User
  • 14-05-21

Best book I listened in a long time

I do strongly recommend this book for all business people as well as anybody who wants to drive the change for a better world!

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  • Malfred Martinez
  • 07-05-21

New way! Economics Bible!

This should be our economics Bible. Not that I'm very religious. I love the book