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Stakeholder Capitalism

By: Klaus Schwab, Peter Vanham - contributor
Narrated by: Stephen R. Thorne
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Publisher's 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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well worth a listen.

I'd heard a lot about Klaus Schwaub, and the WEF. It was good to hear what he had to say.

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A book of propaganda

If you hadn’t read nothing else you would probably think this is a good idea, after understanding many aspects of this concept you would know that a lot of what Klaus is submitting to the world is a bunch of lies. He talks a lot about this stakeholding system but really the common person is hardly mentioned. He uses Singapore as a major inspiration of how the system could work unfortunately Singapore is a dictatorship not a true democracy

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