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The Profiteers

How Business Privatizes Profits and Socializes Costs

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The Profiteers

Von: Christopher Marquis
Gesprochen von: Simon Vance, Christopher Marquis
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Über diesen Titel

 An exposé of how society pays for corporations' "free lunch" and the cost of environmental damage, low wages, systemic discrimination, and cheap goods.

In an age when business leaders solemnly profess dedication to principles of environmental and social justice, Christopher Marquis’s provocative investigation into the real costs of doing business reveals the way that leaders of the corporate world gaslight to evade responsibilities by privatizing profits and socializing costs. “Who pays?” for the resulting climate and environmental damage, racism, low wages, and cheap goods: the average citizen and the taxpayer.

By bringing to light ideas that today are on the fringe but rapidly making their way into the mainstream, Marquis outlines a new regenerative paradigm for business in society. He tells of a group of pioneers trying to not just reform but transform the way business is conducted all over the world. By taking novel actions to reimagine business operations in responsible ways, minimize their negative impacts, and create new ways for business to properly absorb their hidden costs, these leaders provide blueprints to move the needle on vexing social and environmental issues.

What’s in it for leaders of the corporate world? The model of reform presented provides clear guidance on how to get ahead of the curve as an emerging economic order is formed. No business can lead from the front if it is morally-backward looking. History has shown time and again that those who get out in front of emerging changes in our social and environmental landscape protect themselves from inevitable eclipse.
 Arbeitsplatz- & Organisationsverhalten Politik & Regierungen Ökonomie

Kritikerstimmen

“Powerful, passionate, and persuasive. Christopher Marquis argues that business is both a principal cause of our current troubles and perhaps the most important cure. Drawing on fresh examples, he demonstrates both how business has profited from destroying the natural world and the structure of our societies, and how business leaders—working in concert with investors and other key stakeholders—can be powerful agents of change.”
—Rebecca Henderson, McArthur University Professor, Harvard University
“A profound call to action for businesses to take responsibility for their environmental and social footprints. The Profiteers shows us that a better business model isn’t just possible, it’s imperative.”
—Paul Hawken, cofounder, Smith & Hawken, and author of Regeneration
“Timely and full of sharp insight on the devastating impacts of business as we’ve known it—a critical read for anyone who wants to understand how the deep design of business itself can and must be transformed.”
—Kate Raworth, author of Doughnut Economics
“Marquis has delivered a brilliant critique of today’s dangerous corporate practice that dumps social and environmental costs onto society in search for ever greater profits. TheProfiteers is a wake-up call to businesses everywhere to reevaluate these shameful practices.”
—Jeffrey Hollender, cofounder, Seventh Generation
“At a time of great division, The Profiteers underscores that there is no partisan divide on the idea that business should make money the right way, by treating their workers, communities, consumers, and the environment with respect, and that it’s unfair and wealth-destroying when companies profit at the expense of others. The Profiteers identifies practical ways all of us—as individuals and as a society—can forge a more sustainable and responsible capitalism.”
—Leo E. Strine Jr., former chief justice and chancellor of Delaware
Alle Sterne
Am relevantesten
Chris Marquis offers a tour de force of how companies are contributing to the big environmental and social problems of today—and how some companies are starting to play a more positive role. Part 1 analyzes the root causes of these problems, which relate to unquestioned assumptions about the role that companies play in our economy and society. Here, I particularly like Marquis’ reconstruction of how neoliberal thinkers were able to prepare the shareholder-focused paradigm. From this, Marquis draws insightful lessons for how a transition is possible to an economic system in which companies pay more attention to other stakeholders.
Part 2 zooms in on major externalities that companies create for the environment and society and Part 3 then outlines how various business actors (companies, investors, consumers, etc.) could play a more positive role. These parts are informed by rich examples. The examples are mostly the usual suspects of sustainable companies (Patagonia, Ben&Jerry’s, Body Shop, Fairphone, Tony’s Chocolonely). But Marquis has done in-depth interviews with the CEOs or other executives of these companies and illuminates these companies in light of the argument he develops. He shines a new light on these well-known examples, which I found very insightful.
Overall, I can highly recommend this audiobook to anyone who want to better understand how businesses operate today, and what alternatives would exist. A uniquely insightful audiobook!

Unique insights on corporate (ir)responsiblity

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