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The Corporation in the Twenty-First Century

Why (almost) everything we are told about business is wrong

John Kay

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Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft

Beschreibung

SHORTLISTED FOR THE FINANCIAL TIMES AND SCHRODERS BUSINESS BOOK OF THE YEAR 2024

A FINANCIAL TIMES BEST BUSINESS BOOK OF THE YEAR 2024

'Original and thought-provoking... A brilliantly erudite account of the major waves in the theory and practice of management' Financial Times

'Instead of theory it has wisdom... an excellent book' New Statesman

For generations, we have defined a corporation as a business that uses its accumulated wealth to own the means of production and exercise economic power.

That is no longer the reality. Corporations no longer control their own industries, and our most desired goods and services aren't stacked in container ships: they appear on your screen, fit in your pocket or occupy your head.

But even as we consume more than ever before, big business faces a crisis of legitimacy. The pharmaceutical industry creates life-saving vaccines but has lost the trust of the public. The widening pay gap between executives and employees is destabilising our societies. Facebook and Google have more customers than any companies in history but are widely reviled.

In incisive, provocative prose, economist John Kay describes how the pursuit of shareholder value has destroyed mammoth companies, redefines successful commercial activity, and looks to the future of what the corporation might be.

Rezensionen


Informative, funny, and full of deep insights. Truly a magnum opus

This thoughtful critique of the modern corporation weaves history, psychology, economics, and good humor into a persuasive argument that business is fundamentally social and human

<b>Praise for John Kay</b>

Kay is a brilliant writer
s analysis of what makes good businesses succeed and bad businesses fail
A very entertaining read for specialists and non-specialists alike. Few writers come close to matching Kay'

By exploring ambiguity without lapsing into vagueness, Kay achieves what he advocastes: resisting thinking reductively and rushing to the bottom line. His writing is always clear but never closed. [it is] history written with a sustained moral outlook and world-view... instead of theory it has wisdom... brilliant

Kay is both a first-class economist and an excellent writer

A characteristically acerbic analysis of the archetypal organisational unit of capitalism and what has become of it as the production of material goods has given way to immaterial and intangible services

Original and thought-provoking... A brilliantly erudite account of the major waves in the theory and practice of management

An unparalleled communicator of economics to a non-specialist audience

The doyen of British thinkers on the evolution of business
t
An admirable debunker of myths and false beliefs - Kay can see substantial things others don'

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Schlagwörter

The Finance Curse Nicholas Shaxson, corporate responsibility, Empire of Cotton Sven Beckert, big business, Moneyland Oliver Bullough, Dumb Money, For Profit William Magnusson, Goldman Sachs, Kleptopia Tom Burgis, Finance