Summary
Klaus Schwab: Capitalism for all stakeholders
Global economy for the benefit of progress, people and the planet
In collaboration with Peter Vanham
Fifty years ago, the author of this book, the founder of the World Economic Forum, first put forward his theory that companies are not only responsible to their shareholders, but also to all parties interested in its operation, i.e. to all its stakeholders. Meanwhile, the market power of the world's largest companies has reached unprecedented levels, leaving behind many questions about how the benefits of innovation and productivity growth have been redistributed. With this book, the author renews his appeal for a holistic form of capitalism that will work for everyone and where companies will not only steal from society, but will actually give something back and ultimately leave a positive impact on society and the entire planet. This includes the complete "overhaul" of many world institutions.
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