Capitalism, Corporations and the Social Contract
Explore the intricate relationship between capitalism and corporate responsibility in Capitalism, Corporations and the Social Contract by Samuel F. Mansell. Published by Cambridge University Press in 2015, this thought-provoking paperback spans 198 pages and delves into the fundamental question: In whose interests should a corporation operate?
Mansell presents a compelling critique of 'stakeholder theory', which advocates for corporations to prioritize the interests of their primary stakeholders. He argues that this approach may ultimately undermine the foundational principles of a market economy. Through rigorous analysis and insightful arguments, this book challenges readers to reconsider the social contract between businesses and society.
If you're interested in the dynamics of corporate governance and the social responsibilities of businesses, Capitalism, Corporations and the Social Contract is an essential read that will enrich your understanding of these critical issues.