Capitalists Arise! - Georgescu, Peter

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Résumé :
Peter Georgescu arrived in this country as a penniless Romanian refugee and rose to become the CEO of Young & Rubicam. This is why he's so heartsick that with flat wages, disappearing jobs, and a shrinking middle class, his kind of rags-to-riches story doesn't seem possible now. But he has a message for his fellow CEOs: we're the ones who must take the lead in fixing the economy. Marshaling deeply sobering statistics, Georgescu depicts the stark reality of America today: a nation with greater wealth inequality and lower social mobility than just about any other country in the developed world. But the problem isn't that free-market capitalism no longer works-it's that it's been hijacked by shareholder primacy. Where once our business leaders looked to the needs and interests of a variety of stakeholders-employees, community members, the business itself-now they're myopically focused on maximizing their shareholders' quarterly returns. Capitalists Arise! shows how the short-term thinking spawned by shareholder primacy lies at the root of our current economic malaise and social breakdown. But Georgescu offers concrete actions that capitalists themselves can take to create a better future. The irony is that if businesses do this, shareholders will do even better. In the long run, businesses can thrive only when society is healthy and strong. This book is a manifesto calling on capitalists to heal the nation that has given them so much....

Biographie:
Peter Georgescu is chairman emeritus of Young & Rubicam, vice chairman of New York Presbyterian Hospital, a member of the Council on Foreign Relations, and a graduate of Princeton and Stanford. He is the author of The Source of Success and The Constant Choice. David Dorsey is the author of The Force, named one of the top 100 business books of all time. He coauthored The Source of Success and The Constant Choice with Peter Georgescu and has written for a variety of publications....

Sommaire:
Peter A. Georgescu arrived in America in 1954, after years of forced labor as a child in communist Romania. Today, he is chairman emeritus of Young & Rubicam Inc., which has more than 300 offices around the globe, vice chairman of New York Presbyterian Hospital, a member of the Council on Foreign Relations, and a graduate of Phillips Exeter Academy, Princeton University, and Stanford Business School. His lifelong quest to understand why evil exists led him to ongoing philosophical and spiritual study and an integrative view of morality, religion, and our power to do good and change the world. In 2017, he authored Capitalists, Arise!, encouraging corporate and business leaders to help solve income inequality, increase economic opportunity, and grow the middle class....