Capitalism Beyond Mutuality?
Perspectives Integrating Philosophy and Social Science
Price: 5200.00 INR
ISBN:
9780198825067
Publication date:
09/07/2018
Hardback
400 pages
246x189mm
Price: 5200.00 INR
ISBN:
9780198825067
Publication date:
09/07/2018
Hardback
400 pages
Subramanian Rangan
The book touches on key topics including climate change, well-being, tradeoffs, inequality, disengagement at work, fairness, trust, technology, and hybrid models,Contributions by eminent scholars from different disciplines (business, economics, philosohpy, and politics),Offers fresh content - new theoretical perspectives; on progress, mutuality, intangible hand, and democratic organization,Multidisciplinary; Integrates philosophy, social science, and practice
Rights: OUP UK (INDIAN TERRITORY)
Subramanian Rangan
Description
Our quest for prosperity has produced great output but not always great outcomes. The growing list of concerns includes climate and natural capital, abuse of wealth and market power, economic insecurity, gender bias and disparity, competitive and immoderate consumption, and unhealthful lifestyles. Fundamentally, when it comes to well-being, fairness, and the scope of our humanity, the modern economic system still leaves much to be desired. In turn, trust in business and the liberal market system (a.k.a. "capitalism") has been declining and regulation has been rising.
Thankfully, a variety of forces-civic, economic, and
intellectual-have been probing for better alternatives. The contributions in this volume, coauthored by eminent philosophers, social scientists, and thoughtful business leaders, are submitted in this spirit.
Mutuality, or the exchange of benefits, has been established as the prime principle of action and inter-action in addressing the chronic dilemma of human interdependence. Mutuality is a fundament in the social contract approach and it continues to serve us well. But, to address more robustly the concerns outlined above, we need to conceive a cultural economic system that is anchored on more than mutuality. In particular, we must help evolve an economic paradigm
where mutuality is more systematically complemented by reasoned and elective morality. Otherwise the design of the state as protector and buffer between the market and society will remain the central (if inadequate) remedy.
The essays in this volume integrate philosophy and social science to outline and explore concrete approaches to these important concerns emanating from business practice and theory.
About the author
Edited by Subramanian Rangan, Professor of Strategy and Management, INSEADSubi Rangan is professor of strategy at INSEAD where he holds The Abu Dhabi Crown Prince Court Endowed Chair in Societal Progress. His work explores how enterprises can better integrate performance and progress, and thus rebuild trust in capitalism. In 2013 he initiated the Society for Progress, a fellowship of eminent philosophers, social scientists, and business leaders (www.societyforprogress.org). Their first work was published as Performance & Progress: Essays on Capitalism, Business, and Society (Oxford, 2015). His other research explores the strategies and operations of transnational firms. In 1998 he was awarded the Academy of International Business' Haynes Prize for original work by scholar under forty. In 1995 that academy awarded him the Best Dissertation Award. In 2010 his research won the Emerald award for Top 50 papers in management. Subi earned an MBA from MIT and a Ph.D. in political economy from Harvard University.
Subramanian Rangan
Table of contents
1:Introduction: Capitalism Beyond Mutuality?
PART I :THE PARADIGM PROBLEM
2:Creation and Claims of a "World Society", John W. Meyer and Mathias Risse
3:A Dialog Between Business and Philosophy, Bertrand Collomb and Susan Neiman
4:Decision Processes and Value Endogeneity, James G. March
5:The Forest of Reasons, Kwame Anthony Appiah
6:Intergenerational Equity and Responsibility for Future Generations, Kotaro Suzumura
PART II: THE AGENCY PROBLEM
7:Our Obligation to Future Generations, Amartya Sen
8:As You Like It: Work, Life, and Satisfaction, David Autor and Philip Kitcher
9:Purpose Driven Business for Sustainable Performance and Progress, Ebba Hansmeyer, Ramón Mendiola Sanchez, and Jim Hagemann Snabe
10:Behind Every Great Fortune is an Equally Great Crime, Jay B. Barney and David Schmidtz
11:Taming Platform Capitalism to Meet Human Needs, Jerry Davis and S.D. Shibulal
PART III: THE EFFECTIVENESS PROBLEM
12:Corporations in the Economy of Esteem, Robert Frank and Philip Pettit
13:New Prospects for Organizational Democracy, Julie Battilana, Michael Fuerstein, and Mike Lee
14:Philanthropy and Income Inequality, Elizabeth Anderson, Ing-Haw Cheng, and Harrison Hong
15:Elizabeth Anderson, Ing-Haw Cheng, and Harrison Hong, Valerie Tiberius and James P. Walsh
16:The Government's Catalytic Role in Driving Societal Progress, Rabih Abouchakra, Mona Hammami, and Jim Snabe
Subramanian Rangan
Description
Our quest for prosperity has produced great output but not always great outcomes. The growing list of concerns includes climate and natural capital, abuse of wealth and market power, economic insecurity, gender bias and disparity, competitive and immoderate consumption, and unhealthful lifestyles. Fundamentally, when it comes to well-being, fairness, and the scope of our humanity, the modern economic system still leaves much to be desired. In turn, trust in business and the liberal market system (a.k.a. "capitalism") has been declining and regulation has been rising.
Thankfully, a variety of forces-civic, economic, and
intellectual-have been probing for better alternatives. The contributions in this volume, coauthored by eminent philosophers, social scientists, and thoughtful business leaders, are submitted in this spirit.
Mutuality, or the exchange of benefits, has been established as the prime principle of action and inter-action in addressing the chronic dilemma of human interdependence. Mutuality is a fundament in the social contract approach and it continues to serve us well. But, to address more robustly the concerns outlined above, we need to conceive a cultural economic system that is anchored on more than mutuality. In particular, we must help evolve an economic paradigm
where mutuality is more systematically complemented by reasoned and elective morality. Otherwise the design of the state as protector and buffer between the market and society will remain the central (if inadequate) remedy.
The essays in this volume integrate philosophy and social science to outline and explore concrete approaches to these important concerns emanating from business practice and theory.
About the author
Edited by Subramanian Rangan, Professor of Strategy and Management, INSEADSubi Rangan is professor of strategy at INSEAD where he holds The Abu Dhabi Crown Prince Court Endowed Chair in Societal Progress. His work explores how enterprises can better integrate performance and progress, and thus rebuild trust in capitalism. In 2013 he initiated the Society for Progress, a fellowship of eminent philosophers, social scientists, and business leaders (www.societyforprogress.org). Their first work was published as Performance & Progress: Essays on Capitalism, Business, and Society (Oxford, 2015). His other research explores the strategies and operations of transnational firms. In 1998 he was awarded the Academy of International Business' Haynes Prize for original work by scholar under forty. In 1995 that academy awarded him the Best Dissertation Award. In 2010 his research won the Emerald award for Top 50 papers in management. Subi earned an MBA from MIT and a Ph.D. in political economy from Harvard University.
Table of contents
1:Introduction: Capitalism Beyond Mutuality?
PART I :THE PARADIGM PROBLEM
2:Creation and Claims of a "World Society", John W. Meyer and Mathias Risse
3:A Dialog Between Business and Philosophy, Bertrand Collomb and Susan Neiman
4:Decision Processes and Value Endogeneity, James G. March
5:The Forest of Reasons, Kwame Anthony Appiah
6:Intergenerational Equity and Responsibility for Future Generations, Kotaro Suzumura
PART II: THE AGENCY PROBLEM
7:Our Obligation to Future Generations, Amartya Sen
8:As You Like It: Work, Life, and Satisfaction, David Autor and Philip Kitcher
9:Purpose Driven Business for Sustainable Performance and Progress, Ebba Hansmeyer, Ramón Mendiola Sanchez, and Jim Hagemann Snabe
10:Behind Every Great Fortune is an Equally Great Crime, Jay B. Barney and David Schmidtz
11:Taming Platform Capitalism to Meet Human Needs, Jerry Davis and S.D. Shibulal
PART III: THE EFFECTIVENESS PROBLEM
12:Corporations in the Economy of Esteem, Robert Frank and Philip Pettit
13:New Prospects for Organizational Democracy, Julie Battilana, Michael Fuerstein, and Mike Lee
14:Philanthropy and Income Inequality, Elizabeth Anderson, Ing-Haw Cheng, and Harrison Hong
15:Elizabeth Anderson, Ing-Haw Cheng, and Harrison Hong, Valerie Tiberius and James P. Walsh
16:The Government's Catalytic Role in Driving Societal Progress, Rabih Abouchakra, Mona Hammami, and Jim Snabe
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