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Accountable

How We Can Save Capitalism

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Accountable

By: Warren Valmanis, Michael O'Leary
Narrated by: Joe Knezevich
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About this listen

Brought to you by Penguin.

Capitalism is failing, and the tools we are relying on to fix it - corporate social responsibility, divestment, impact investing and government control - are only making things worse.

  • Chevron boasts about the $50 million per year it spends on renewable energy whilst it spends 200 times that on oil exploration
  • Goldman Sachs touts its 10,000 Women initiative, but its board ranks 358th out of the Fortune 500 for gender diversity and women earn 55 percent less than men do on average

By focusing on corporations rather than people, we've put our faith in empty trends and brand-focused window dressing. Why should those responsible for our current crisis be trusted to fix it?

In Accountable, authors Michael O'Leary and Warren Valdmanis offer a blueprint for everyone to take responsibility for using their economic power as consumers, as investors, as employees and as voters to trigger a fundamental shift away from an economy that is unethical, unfair and destructive to our environment and institutions.

Their investigation cuts through the tired dogma of current economic thinking to reveal a hopeful truth: if we can make our corporations accountable to a deeper purpose, we can make capitalism both prosperous and good.

Trenchant and gripping, this is an indispensable guide and call to action for citizens to take control of our economic power and hold corporations to a higher standard.

©2020 Warren Valmanis, Michael O'Leary (P)2020 Penguin Audio
Business Ethics Economics Organisational Behavior Business Employment US Economy
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Interesting and insightful

I found that this gave a comprehensive exploration of the named area and was educational. It’s allowed to me to better understand the alternative approaches, factors, and considerations for achieving success in moving towards socially responsible organisations. I also found it thought-provoking.

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