Other
“In this valuable and well-written book, Peter Georgescu explores the erosion of the American Dream and the societal impacts of growing economic inequality. Fortunately, he is an optimist and presents a compelling case for what the private sector can do to simultaneously advance the interests of both workers and shareholders. Unlike many books about the future of our economy, this is one you should buy—and actually read.”
—Jason Grumet, President, Bipartisan Policy Center
“Peter Georgescu, one of America’s leading business thinkers, has issued a sharp warning to his fellow capitalists: they’ve become the unwitting enemy of the free-market system they claim to love. By elevating share prices over the welfare of the workers and consumers who buy their products, they’re in danger of driving our great, corporate profit-making engine into the ground. This book talks frankly to blinkered titans who have hijacked the system. To keep capitalism alive, he tells them, all Americans have to thrive.”
—Jane Bryant Quinn, author of How to Make Your Money Last
“Capitalists Arise! highlights the perilous human cost of opportunity inequality and how it threatens the entire American system. Georgescu offers a critique of how the philosophy of shareholder primacy, since the 1980s, has contributed to shrinking opportunity for most Americans. Importantly, he points to solutions business and the nation need with great urgency.”
—Raymond D. Horton, Professor of Ethics and Governance, Columbia Business School
“Peter Georgescu is a great storyteller. In his new book he takes on one of the driving stories of our time—income inequality. He makes you not just understand but feel the consequences in human terms. And then he goes on to offer real-world solutions. This book will not just make you think; it will drive you to action.”
—Shelly Lazarus, Chairman Emeritus, Ogilvy & Mather, and Board Member, General Electric, Blackstone Group, and Merck
“Capitalists Arise! is a powerful call to action for the business community to address the rapid rise in inequalities of income, wealth, and opportunity witnessed over recent years. The work of the OECD has underlined, with greater clarity than ever before, the true nature of the threat posed by soaring inequalities to growth, political stability, and the very existence of our future prosperity. Business may have contributed to the problem, but it can also be a key part of the solution. Georgescu’s message is simple: business cannot serve one master alone—the shareholder. Rather, he asserts that, for its own benefit, the business community must treat their employees, their companies, and their communities more fairly. Inclusive growth is the only viable socioeconomic solution for our times. Capitalists Arise! is a must-read.”
—Angel Gurría, Secretary-General, Organisation for Economic Co-operation and Development
“Capitalists Arise! is the most compelling book I have read about the disastrous effects of ever-widening income inequality in America since Charles Murray’s Coming Apart. It offers compelling solutions for an America on the brink.”
—Pamela Carlton, President, Springboard