Tag Archives: capitalism

Corporate responsibility in capitalist systems

Michael E. Porter and Mark R. Kramer:

“The capitalist system is under siege. In recent years business increasingly has been viewed as a major cause of social, environmental, and economic problems. Companies are widely perceived to be prospering at the expense of the broader community.

Even worse, the more business has begun to embrace corporate responsibility, the more it has been blamed for society’s failures. The legitimacy of business has fallen to levels not seen in recent history. This diminished trust in business leads political leaders to set policies that undermine competitiveness and sap economic growth. Business is caught in a vicious circle“.

 

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Open source as a societal model?

“Open source works like an well balanced ecosystem, because only the things of which enough people think they are necessary will eventually be brought into existance.
The idea of capitalism is quite a bit more aggressive: Companies try to discover, appropriate and exploit new territories so that they can make money with them before others do that (e.g. Apple’s iPad).
This movement is always transgression, but what modern societies need is finding a balance to their environment in order to not destroy themselves”.

http://www.quora.com/Open-Source/Could-the-idea-of-open-source-become-a-model-for-modern-societies

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