Capitalists, Arise!: End Economic Inequality, Grow the Middle Class, Heal the Nation Audiobook | BooksCougar

Capitalists, Arise!: End Economic Inequality, Grow the Middle Class, Heal the Nation Audiobook

Capitalists, Arise!: End Economic Inequality, Grow the Middle Class, Heal the Nation Audiobook

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Peter Georgescu arrived in this country being a penniless Romanian refugee and rose to be the CEO of Teen & Rubicam. This is why he’s so heartsick that with smooth wages, disappearing careers, and a shrinking middle class, his kind of rags-to-riches story doesn’t seem possible now. But he includes a message for his fellow CEOs: we’re the ones who must consider the lead in fixing the economy.

Marshaling deeply sobering figures, Georgescu depicts the stark reality of America today: a nation with about Capitalists, Arise!: End Economic Inequality, Grow the center Class, Heal the Nation greater prosperity inequality and lower sociable mobility than simply about some other nation in the created world. But the problem isn’t that free-market capitalism no longer works—it’s that it is been hijacked by shareholder primacy. Where once our business leaders looked to the requirements and passions of a number of stakeholders—employees, community members, the business enterprise itself—now they’re myopically centered on maximizing their shareholders’ quarterly profits.

Capitalists, Arise! shows how the short-term thinking spawned by shareholder primacy is situated at the main of our current economic malaise and cultural break down. But Georgescu presents concrete activities that capitalists themselves may take to make a better upcoming. The irony can be that if businesses do that, shareholders can do even better. Over time, businesses can thrive only once society is healthful and strong. This book is normally a manifesto calling on capitalists to heal the country that has provided them a lot.

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