Capitalism must be reimagined for a sustainable future from "summary" of Reimagining Capitalism in a World on Fire by Rebecca Henderson
The current system of capitalism is not sustainable in the long term. We are facing challenges such as climate change, income inequality, and social unrest that are directly linked to the way our economy is structured. In order to address these issues and create a more sustainable future, we must rethink the way we do business. One key aspect of reimagining capitalism is shifting the focus from short-term profits to long-term value creation. Companies that only focus on maximizing profits in the short term often end up harming the environment, exploiting workers, and neglecting social responsibilities. By taking a longer-term view and considering the impact of their actions on society and the planet, businesses can create value for all stakeholders, not just shareholders. ...
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