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Conclusion

Alex Edmans
Affiliation:
London Business School
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Summary

We started this book by acknowledging the severe crisis that capitalism faces. In the eyes of millions of citizens, it’s a rigged game. Corporations exist to line the pockets of executives and investors, paying scant attention to worker wages, customer welfare or climate change. Those lucky enough to be running businesses or investment funds see no need to change, as they’re protected by market power, and can further entrench themselves by lobbying. Even worse, many see no responsibility to change, as they delude themselves that their social responsibility is to maximise profits.

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Grow the Pie
How Great Companies Deliver Both Purpose and Profit
, pp. 303 - 306
Publisher: Cambridge University Press
Print publication year: 2020

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  • Conclusion
  • Alex Edmans, London Business School
  • Book: Grow the Pie
  • Online publication: 27 March 2020
  • Chapter DOI: https://doi.org/10.1017/9781108860093.018
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  • Conclusion
  • Alex Edmans, London Business School
  • Book: Grow the Pie
  • Online publication: 27 March 2020
  • Chapter DOI: https://doi.org/10.1017/9781108860093.018
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Conclusion
  • Alex Edmans, London Business School
  • Book: Grow the Pie
  • Online publication: 27 March 2020
  • Chapter DOI: https://doi.org/10.1017/9781108860093.018
Available formats
×