Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Standing on the Sun: How the Explosion of Capitalism Abroad Will Change Business Everywhere

Standing on the Sun: How the Explosion of Capitalism Abroad Will Change Business Everywhere

Meyer, Christopher
Kirby, Julia

Hardcover

Business GeneralEconomics

Currently unavailable to order

ISBN10: 1422131688
ISBN13: 9781422131688
Publisher: Harvard Business Review Pr
Published: Feb 7 2012
Pages: 352
Weight: 1.32
Height: 1.18 Width: 6.39 Depth: 9.55
Language: English
For half a century the US has sat at the center of the global economic system, and Western-style capitalism has dominated. Now, it's no secret that the center of gravity is shifting. The advanced economies that in 2000 consumed 75% of the world's output will, by 2050, consume just 32%. Meanwhile, the emerging economies of the world--Brazil, India, China, and others--will surge forward.

As these fast-growing, low-income economies mature, will they adopt the practices of the old guard? Or will they make their own way, and create the next prevailing version of capitalism? What new opportunities will that create for firms around the world?

Standing on the Sun tackles these questions with fresh ideas and provocative examples. Based on firsthand observations of companies defying capitalism's old rules yet prospering, the authors outline new principles for commercial success. Among them:

- The obsession with return on equity gives way to more broad-based measurements of success.

- Adam Smith's invisible hand of the market is redeemed by the invisible handshake of collaborative networks.

- Businesses take ownership of the impacts they now call externalities.

Those who need to understand the emerging shape of global capitalism will benefit from Standing on the Sun.

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