Nine visions of capitalism: Unlocking the meanings of wealth creation - Hardcover

An important and brilliant book. With deep insights on China, it helps us understand a world undergoing extraordinary change -John Naisbitt, author of Megatrends

The chapter on conscious capitalism alone is worth the price of the book. Doug Rauch, former President, Trader Joe s and CEO, Conscious Capitalism

Gets to the heart of capitalism as it has unfolded around the world. Companies create value for stakeholders, and the businesses which put people and purpose before profits do better. It is a pleasure to read a book by two thinkers who actually understand how business works. R. Edward Freeman, Elis and Signe Olsson Professor of Business Administration, The Darden School, University of Virginia and Academic Director, Business Roundtable Institute for Corporate Ethics

A thought-provoking book proposing more than just alternative models of capitalism by suggesting how cultural values and diversity can increase value for all actors and how governments and legislators could play an active facilitating role in such a voyage. Meir Russ, Philip J. and Elizabeth Hendrickson Professor in Business, University of Wisconsin, Green Bay, Founding Editor of the International Journal of Management and Business

The narrow and exclusive focus on shareholder value of many financial institutions ignores the many other values needed for an inclusive economy that meets the needs of all. Nine Visions of Capitalism provides a solid intellectual basis for the inclusive economy. Laurie Spengler, President and CEO, Enclude Capital Advisory

Shows why holistic values-driven business models deliver better financial results for investors and better results for society ... a road map for how we could better organise our economy to meet real human needs. David Korslund, Senior Advisor, Global Alliance for Banking on Values

This book has many bright horizons for those who care about social enterprises of all kinds, and sheds light on the new paradigm of solutions journalism. Vincent Wong, Secretary-General, Social Enterprise Summit, Hong Kong

Shows that there are different ways of looking at wealth generation and ... points us towards the best elements of different cultures and systems. If we could get the best elements from each system and combine them effectively maybe we could change the way the world works. Peter Hiscocks, Judge Business School, University of Cambridge

Capitalism must reinvent itself. This book shows us possible avenues into the future. At its core are values. The view is holistic throughout, exactly what we need to reorient ourselves in turbulent times. The authors transcend the notorious narrowness of business books and Anglo-Saxon capitalism by learning from alternative models. Hermann Simon, Chairman and Founder Simon-Kucher & Partners

Nine Visions of Capitalism challenges what we think we know about East meeting West. The authors analysis of complex issues allows us to decide for ourselves what are the real drivers for success whilst questioning our own personal value judgements. The ability to synthesise the role of nation states such as China, Germany, Singapore and apply such thinking to contemporary issues such as crowdfunding, banking values and the Cambridge phenomenon is testimony to their ability to think differently about today s business issues. I was left, illuminated and energised, questioning my own beliefs on a number of issues. --Dr Raymond Madden Chief Executive, Asian Institute of Finance, former Global Head of Learning at ABN AMRO NV and Lloyds Banking Group

At last a book that puts crowdfunding in its true human perspective. The authors understand that Alternative Finance is not just an extension of offerings from the boring and money grabbing financial services industry we know so well, but that the world of future finance might just be the brave new world in which access to finance is truly democratised. Read here about finance for the people and public good . --Professor Alan Barrell, Entrepreneur in Residence,Judge Business School, University of Cambridge, author ofShow Me the Money: how to raise the cash to get your business off the ground

Tackles the key issue confronting banks and financial institutions ... vital not just for the established banking sector, but for the new digital companies that are also involved in financial services, who need to heed the lessons of the past. --Charles Baden-Fuller, Centenary Professor of Strategy, Cass Business School, City University London

Capitalism has been in a state of crisis for nearly one hundred years. The effects of the stock market crash of 1929 were felt well into the 1950s. The turbulence in international currency markets in the late 1960s, which sparked worldwide street protests in 1968, was unresolved until the middle of the 1980s. The avalanche of financial crises that followed the failure of Lehman Brothers in September 2008 is still falling on businesses, consumers and communities around the world. In the face of such evidence it would be easy to think that capitalism is a doomed system. Nine visions of capitalism: unlocking the meanings of wealth creation suggests otherwise. According to Charles Hampden-Turner and Fons Trompenaars capitalism does have a future, but only if the standard Anglo-American model of capitalism is radically transformed. As the authors point out, creating wealth entails much more than simply making money. Society is only better off when it creates wealth through the transformation of money into products and services and the transformation of these back into money via revenue received. The current model of capitalism has led to a situation where the net worth of the world's top 10 billionaires stands at over $500 billion, enough to end world poverty instantly twice over. But the global economy is not richer for the presence of billionaires if the money in their pockets has simply been transferred from those of other people. So how can this failing model be fixed? Hampden-Turner and Trompenaars argue that accommodating diversity is a pre-requisite for the reinvention of wealth creation. China's spectacular growth, despite its recent problems, the dynamism and flexibility of the Mittelstand of German-speaking economies, Singapore's hybridization of East and West, the world's vibrant immigrant communities and the drive for renewable energy offer different aspects of an authoritative and challenging blueprint for the future of capitalism. Finally, the authors draw on examples of innovation in capitalism such as the Conscious Capitalism movement in the US, the Cambridge Phenomenon in the UK and the Global Alliance for Banking on Values, which has members from Mongolia to Patagonia as well as the US and Europe, to demonstrate what can be done to reinvigorate tired models and provide a realistic, practical and powerful transformation agenda for the global economy.