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The ebook examines the altering exterior atmosphere of companies. This e-book explores the contradictions in the international capitalist procedure and their outcomes to evaluate and locate methods in developing new wisdom for managers/leaders to reorient themselves in applicable restructuring of firms to higher serve their stakeholders.
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Additional resources for Capitalism and the Social Relationship: An Organizational Perspective
Moreno. Inédita. Abril. Schumpeter, J. (1994). Capitalism, socialism and democracy. Routledge. Soros, G. (2002). Washington intenta minimizar daños de fraudes, advierte Soros: en EU todos somos cómplices de la crisis’, traducción de Jorge Anaya, La Jornada, 4 de Septiembre. Thomas, C. (1989). Restructuring the world economy and its political implications for the Third World. In A. MacEwan & W. K. Tabb (eds), Instability and change in the world economy. New York: Monthly Review Press, pp. 340–356.
Portes, A. (1999). Capital social: sus orígenes y aplicaciones en la sociología moderna. In Carpio, Jorge y Novaconvsky, Irene (eds), De igual a igual. El desafío del Estado ante los nuevos problemas sociales, México: Fondo de Cultura económica-Siempro-Flacso, pp. 243–266. Pritchett, L. (1996). Forget convergence: divergence past, present and future. Finance and Development, June, 40, 40–43. Proceso (2001). Los contrapoderes de la globalización neoliberal. Revista Proceso, 1277, 22 de abril. Reich, S.
Businesses’ fear of losing contracts and profits). Under such circumstances, profit appears to be the only criterion for measuring the success of business operations. As for the management model, oppressing disadvantaged employees and 36 How Firms Will Balance Their Social Responsibility 37 avoiding the responsibility of long-term reciprocal employee benefits have become standard management practices. Because of humans’ greedy nature and the pressure of competition, executive leadership and managers understandably and unconsciously relinquish employee and social responsibility (Hung, 2011; Wong, 2011).