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Providing a timely contribution to the ongoing questions surrounding topics which are by definition subject to varying stakeholder interpretations, this book addresses “the missing link” between theoretical CSR concepts and everyday management practice. It acts as a guide to awaken managers to the advantages of adopting a CSR “mindset” when developing sustainable business strategies. The book consists of three parts: 1) A theoretical realm which establishes the key concepts and rationale for the adoption of a sustainable CSR approach, 2) A practical realm which addresses putting CSR and sustainability into business practice, 3) An educational realm which proposes how to incorporate the concepts into teaching and training.
Never before has there been such a period of intense change at every level of our society. Almost everything that we took for granted is now open to debate, whether that be the relationship that Britain has with the rest of the world or, at a more personal level, how the company we work for adapts to an increasingly competitive marketplace, and how that will affect our jobs. Everything is up for debate. What we are all searching for is clarity, insights and a reminder of the lessons of history that are in danger of being forgotten. Fortunately, there is someone who has the answers, or at the very least, some insightful questions that should be asked. Capitalism in Crisis is the combined insights of three of the world's top analytical brains who have been guiding businesses and governments in their quest to find answers and shape strategy. In this two-volume work, they have laid out the problems and shown the solutions in a highly accessible way using illustrations as well as text. They have proved that a picture is indeed worth much more than a thousand words.
There are two volumes to Capitalism in Crisis. Volume 1 investigates what has gone wrong. Volume 2 responds to the challenge laid down in Volume 1. In Volume 1, we argued that shareholders and the financial sector of the economy had become severed from stakeholders within companies who do the work and create the wealth we all enjoy. This has led to gross inequality with declining rewards for those working in the real economy on productive tasks. In turn, this has reduced wages and diverted funds from the most important contributors. We are less productive and innovative as a consequence. In this volume, we will address the subject of values. We will argue that values have scientific and verifiable meanings and it is possible to determine with great accuracy the kind of valuing that contributes to our integrity and the values that tear us apart. We criticise the contention of positivists that values are entirely subjective, have no testable meaning and are mere matters of taste, like the taste buds on tongues. We believe this doctrine has betrayed generations of students and must come to an end. Once we have restored values to their proper place, we will see who in our society creates wealth and value and who does not, who threatens democracy and who supports it. All values are really differences, and we need to reconcile these differences to remain civilized and in dialogue with one another.
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