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About this product
- DescriptionCapitalism has been in a state of crisis for nearly one hundred years. The effects of the stock market crash of 1929 were felt well into the 1950s. The turbulence in international currency markets in the late 1960s, which sparked worldwide street protests in 1968, was unresolved until the middle of the 1980s. The avalanche of financial crises that followed the failure of Lehman Brothers in September 2008 is still falling on businesses, consumers and communities around the world. In the face of such evidence it would be easy to think that capitalism is a doomed system. Nine visions of capitalism: unlocking the meanings of wealth creation suggests otherwise. According to Charles Hampden-Turner and Fons Trompenaars capitalism does have a future, but only if the standard Anglo-American model of capitalism is radically transformed. As the authors point out, creating wealth entails much more than simply making money. Society is only better off when it creates wealth through the transformation of money into products and services and the transformation of these back into money via revenue received. The current model of capitalism has led to a situation where the net worth of the world's top 10 billionaires stands at over $500 billion, eugh to end world poverty instantly twice over. But the global ecomy is t richer for the presence of billionaires if the money in their pockets has simply been transferred from those of other people. So how can this failing model be fixed? Hampden-Turner and Trompenaars argue that accommodating diversity is a pre-requisite for the reinvention of wealth creation. China's spectacular growth, despite its recent problems, the dynamism and flexibility of the Mittelstand of German-speaking ecomies, Singapore's hybridization of East and West, the world's vibrant immigrant communities and the drive for renewable energy offer different aspects of an authoritative and challenging blueprint for the future of capitalism. Finally, the authors draw on examples of invation in capitalism such as the Conscious Capitalism movement in the US, the Cambridge Phemen in the UK and the Global Alliance for Banking on Values, which has members from Mongolia to Patagonia as well as the US and Europe, to demonstrate what can be done to reinvigorate tired models and provide a realistic, practical and powerful transformation agenda for the global ecomy.
- Author BiographyCharles Hampden-Turner is a management philosopher and Senior Research Associate at the Judge Business School at the University of Cambridge. He is the creator of Dilemma Theory and co-founder and Director of Research and Development at the Trompenaars Hampden-Turner Group in Amsterdam, which was sold to KPMG in 2015. Fons Trompenaars is a world expert on international management and the author of the global best seller, Riding the waves of culture. He is the co-author with Charles Hampden-Turner of twelve other books on cross-cultural business and organizational issues. Fons is the co-author of 100+ Management Models, Innovating in a global crisis, Servant leadership across cultures and The global M&A tango.
- Author(s)Charles Hampden-Turner,Fons Trompenaars
- PublisherInfinite Ideas Limited
- Date of Publication20/07/2015
- SubjectManagement & Business: General
- Place of PublicationDurrington
- Country of PublicationUnited Kingdom
- ImprintInfinite Ideas Limited
- Width156 mm
- Height234 mm
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