New ideas in an old framework: Review of conscious capitalism; liberating the heroic spirit of business

Abstract

Talking about the limitations and the potential of capitalism is the flavour of the season. The turmoil in the financial sector, its ramification across geographies, and the long road to recovery have led to questions about the philosophical underpinnings of the market capital-based model. Conscious Capitalism needs to be examined in this context.

Contemporary writings offer three strands of arguments in defining enterprises with a conscience. These strands, which pertain to the equitable and humane face of capitalism, started emerging much before the crisis, but the context for examining these models is important in the post-crisis period. Read more at: https://www.business-standard.com/article/beyond-business/new-ideas-in-an-old-framework-113042500900_1.html