Capitalism

Deirdre McCloskey: Are Markets Moral?

Posted: 05/14/2015 - 05:19

Author: Kate Vitasek

Economist and philosopher Deirdre McCloskey has some thought-provoking and highly nuanced takes on innovation and ethics in the commercial arena.

How about this for starters: capitalism is innovation, in her estimation. And she contends that capitalism/innovation backed by liberal economic ideas “has made billions of poor people pretty well off, without hurting other people.” Did I mention she is also controversial?

Michael Porter: the shared value path

Posted: 04/18/2013 - 05:31

Author: Kate Vitasek

If you are familiar with the Vested approach and the books and articles I’ve written on collaboration and trust, you know about the importance I place on sharing value in business relationships.

You might say it’s the way that capitalism will take business and value creation to a new and more sustainable level in the twenty-first century. And it’s also why I’ve taken much too long to write about the seminal ideas of Michael Porter on this subject in this space.

Joseph Schumpeter and “Creative Destruction”

Posted: 12/01/2011 - 00:00

Author: Kate Vitasek

My last two columns on Umair Haque and Joseph Stiglitz have shifted the focus a bit to the adaptations that global businesses face as more and more challenges to the traditional ideas surrounding capitalism and globalisation emerge.

Joseph E. Stiglitz: making globalisation work

Posted: 11/03/2011 - 00:00

Author: Kate Vitasek

For the most part this series has examined the big thinkers in economics who have influenced the development of modern outsourcing. This week I want to focus on Joseph E. Stiglitz, whose work has the power to influence how companies think about globalisation.

Umair Haque: The art of being disruptive and constructive

Posted: 10/13/2011 - 00:00

Author: Kate Vitasek

Do you suspect that there’s something wrong or at least severely amiss with modern capitalism, and by extension the way we outsource, think about value, construct our supply chains and do business? Can’t quite put it into words and context? Umair Haque has many thought-provoking insights for you on the subject.

Haque is Director of the Havas Media Lab and author of The New Capitalist Manifesto: Building a Disruptively Better Business. He also writes a provocative and entertaining posts for the Harvard Business Review Blog Network.

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Capitalism