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Confronting Capitalism: Real Solutions for a Troubled Economic System PDF

278 Pages·2015·1.16 MB·English
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Thank you for downloading this AMACOM eBook. Sign up for our newsletter, AMACOM BookAlert, and receive special offers, access to free chapter downloads, and info on the latest new releases from AMACOM, the book publishing division of American Management Association International. To sign up, visit our website: www.amacombooks.org American Management Association / www.amanet.org Confronting Capitalism American Management Association / www.amanet.org This page intentionally left blank American Management Association / www.amanet.org Confronting Capitalism real solutions for a troubled eConomiC system philip Kotler ameriCan management assoCiation New York • AtlANtA • Brussels • ChiCAgo • MexiCo CitY sAN FrANCisCo • shANghAi • tokYo • toroNto • wAshiNgtoN, D.C. American Management Association / www.amanet.org Bulk discounts available. For details visit: www.amacombooks.org/go/specialsales Or contact special sales: Phone: 800-250-5308 Email: [email protected] View all the AMACOM titles at: www.amacombooks.org American Management Association: www.amanet.org This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. library of congress cataloging-in-publication data Kotler, Philip. Confronting capitalism : real solutions for a troubled economic system / Philip Kotler. -- 1 Edition. pages cm Includes index. ISBN 978-0-8144-3645-5 (hardcover) -- ISBN 0-8144-3645-5 (hardcover) -- ISBN 978-0-8144-3646-2 (e-book) 1. Capitalism. 2. Capitalism--Social aspects. 3. Economic policy. I. Title. HB501.K5966 2015 330.12’2--dc23 2014042242 © 2015 Philip Kotler. All rights reserved. Printed in the United States of America. This publication may not be reproduced, stored in a retrieval system, or transmitted in whole or in part, in any form or by any means, electronic, mechanical, photocopying, recording, or other- wise, without the prior written permission of AMACOM, a division of American Management Association, 1601 Broadway, New York, NY 10019. The scanning, uploading, or distribution of this book via the Internet or any other means without the express permission of the publisher is illegal and punishable by law. Please purchase only authorized electronic editions of this work and do not participate in or encourage piracy of copy- righted materials, electronically or otherwise. Your support of the author’s rights is appreciated. About AMA American Management Association (www.amanet.org) is a world leader in talent development, advancing the skills of individuals to drive business success. Our mission is to support the goals of individuals and organizations through a complete range of products and services, including class- room and virtual seminars, webcasts, webinars, podcasts, conferences, corporate and government solutions, business books, and research. AMA’s approach to improving performance combines experiential learning—learning through doing—with opportunities for ongoing professional growth at every step of one’s career journey. Printing number 10 9 8 7 6 5 4 3 2 1 American Management Association / www.amanet.org Contents introduCtion: Creating high-performanCe Capitalism 1 Chapter 1: the persistenCe of poverty 17 Chapter 2: inCome inequality on the rise 29 Chapter 3: WorKers under siege 63 Chapter 4: Job Creation in the faCe of groWing automation 79 Chapter 5: Companies not Covering their “soCial Costs” 95 Chapter 6: environment exploitation 105 Chapter 7: business CyCles and eConomiC instability 115 Chapter 8: the dangers of narroW self-interest 135 American Management Association / www.amanet.org vi contents Chapter 9: the debt burden and finanCial regulation 147 Chapter 10: hoW politiCs subverts eConomiCs 167 Chapter 11: Capitalism’s short-term orientation 181 Chapter 12: questionable marKeting outputs 189 Chapter 13: setting the right gdp groWth rate 199 Chapter 14: Creating happiness as Well as goods 211 epilogue 225 notes 227 index 237 about the author 247 free sample Chapter from Leading at the edge by dennis n. t. perkins with margaret p. holtman and Jillian b. murphy 249 American Management Association / www.amanet.org Confronting Capitalism American Management Association / www.amanet.org This page intentionally left blank American Management Association / www.amanet.org

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With the fall of the Berlin Wall, one economic model emerged triumphant. Capitalism - spanning a spectrum from laissez faire to authoritarian - shapes the market economies of all the wealthiest and fastest-growing nations. But trouble is cracking its shiny veneer. In the U.S., Europe, and Japan, eco
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