Reinventing Capitalism in the Digital Age |
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| Author:
| Denning, Stephen |
| Series title: | Elements in Reinventing Capitalism Ser. |
| ISBN: | 978-1-009-33286-6 |
| Publication Date: | Oct 2022 |
| Publisher: | Cambridge University Press
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| Book Format: | Digital download and online |
| List Price: | Contact Supplier contact
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Book Description:
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This Element examines the current crisis of capitalism's legitimacy and concludes that it derives principally from business pursuing an aberration of capitalism known as shareholder capitalism, in which firms sought to maximize shareholder value as reflected in the current share price, at the expense of all other stakeholders and society.
This Element examines the current crisis of capitalism's legitimacy and concludes that it derives principally from business pursuing an aberration of capitalism known as shareholder capitalism, in which firms sought to maximize shareholder value as reflected in the current share price, at the expense of all other stakeholders and society.