Businesses can drive positive change in society from "summary" of Reimagining Capitalism in a World on Fire by Rebecca Henderson
In a world where the challenges we face are increasingly urgent and complex, the role of businesses in driving positive change in society has never been more critical. The traditional view that businesses exist solely to generate profits for their shareholders is no longer tenable in the face of pressing social and environmental issues. Instead, businesses must recognize the interconnectedness of their operations with the broader society and take responsibility for the impact they have on the world around them. By embracing a more expansive view of their purpose, businesses can leverage their resources, expertise, and influence to effect meaningful change in society. This can take many forms, from reducing their environmental footprint and promoting social equity within their own operations to advocating for policy changes that address systemic issues at a societal level. In doing so, businesses not only contribute to the common good but also strengthen their long-term viability by building trust with stakeholders and fostering a more sustainable operating environment. Driving positive change in society requ...
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