Categories
Business

End of Growth

Introduction

Business is often seen as a ‘for-profit’ marketplace in which those companies that are not financially driven will not last. However, in recent times, the focus has shifted from the bottom line to the triple bottom line, and in particular, the company’s responsibility to its stakeholders and its environment. In this course, the reinforcement of such a viewpoint is reinforced, and the attitudes, values and beliefs concerning this belief, as well as the discussions and assumptions explored, are reviewed herein.

Categories
Business

End of Growth / Prosperity Without Growth – Book Review

ROLE OF BUSINESS IN SOCIETY

Businesses provide society with the prosperity that is needed for “things to go well”, “according to our hopes and expectations”. (Heinberg 1) Economy provides people with jobs and income through businesses. In the times of crisis, businesses should focus on preserving the values provided for the citizens, instead of growth. According to Heinberg, irresponsible businesses were to blame for the rise of commodity prices, which triggered inflation and made the crisis worse. The above statement, among some others quoted by the same author and Jackson will be examined in detail during the book reviews to determine the validity of the different claims related to the responsibility of businesses, government and other economic forces towards modern society.