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Paperback Reinventing Capitalism in the Digital Age Book

ISBN: 1009332848

ISBN13: 9781009332842

Reinventing Capitalism in the Digital Age

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. Shareholder capitalism began in the 1970s and was renounced by the Business Roundtable in 2019, but continues...

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