Articles & Blogs, Category = Opinion & Ideas

Category: Opinion & Ideas

Sin and Vice Do not Belong in the GDP

“On a larger scale, international standards of measurement help economists develop monetary policy, make economic forecasts, and monitor growth. But greed, fraud, and theft can easily find their way into financial transactions. That is why economics must be subject to those higher normative sciences like ethics that regulate all human behavior.”

We Are Nowhere Near Stakeholder Capitalism

“If you read the headlines coming from the 2020 World Economic Forum at Davos, you may start believing that public corporations have fundamentally changed their raison d’être: from creating value for shareholders to benefiting society-at-large. In our opinion, this conclusion is premature. We haven’t seen real change yet, and we won’t without first transforming firms’ performance measurement systems.”

The New Davos Challenge

“As political leaders and corporate titans gather in Davos, Switzerland, for the World Economic Forum’s annual meeting, they would do well to consider how the abstract ideal of ‘stakeholder capitalism’ can be translated into reality. The key to changing the behavior of economic and political elites alike is to change what is measured.”

We Need to Modernize How We Measure National Wealth

“In response to the Great Depression, the United States Senate commissioned a report to measure the country’s national income. […] GDP was been a workhorse for measuring national well-being ever since. But cracks are appearing. Environmental degradation and growing income inequality are just two sources of discontent with the measurement of GDP.”

Interested in this topic? See also the Moral Markets bookshelf on economic growth & GDP

Making Stakeholder Capitalism a Reality

“The recent push by big business in favor of a more socially and environmentally conscious corporate-governance model is not just empty rhetoric. With the public losing trust in business and markets, it is now in everyone’s interest to reform the system so that it delivers prosperity for the many, rather than the few.”

Loading

Post categories

Series of Posts

Post archive

Recent video posts

Loading...

Stay posted

Receive updates about new articles, blog posts, books, events and other news on the Moral Markets website

You have Successfully Subscribed!

Subscribe to the Moral Markets newsletter

Join our mailing list to receive updates on new articles, blog posts, books and more

You have Successfully Subscribed!

Geef Je op voor de Morele Markten nieuwsbrief

Schrijf je in voor onze mailinglijst om updates te ontvangen over nieuwe artikelen & blogs, boeken die zijn toegevoegd aan onze digitale plank, en meer

You have Successfully Subscribed!

Subscribe to the Moral Markets newsletter

Join our mailing list to receive updates on new articles, blog posts, books and more

You have Successfully Subscribed!

Subscribe to the Moral Markets newsletter

Join our mailing list to receive updates on new articles, blog posts, books and more

You have Successfully Subscribed!

Pin It on Pinterest