Summary of The New Capitalist Manifesto

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The New Capitalist Manifesto book summary
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Rating

8 Overall

7 Applicability

8 Innovation

9 Style

Recommendation

As the world considers its financial way forward, economist Umair Haque proposes a radical reinvention of capitalism. His manifesto is a rousing call to action to replace an aging and increasingly irrelevant “industrial-age capitalism” with a “constructive capitalism” built to thrive in the 21st-century economy. He includes a number of present-day examples and case studies to illustrate that a more ethical, sustainable, and realistic capitalism is not only possible but also necessary and profitable. Haque won’t convince everyone, and, indeed, some parts of his vision are clearer than others. Nonetheless, getAbstract recommends his work to executives tasked with building socially responsible businesses and anyone pondering capitalism’s future.

In this summary, you will learn

  • Why 20th-century capitalism no longer fits a 21st-century economy,
  • How capitalism’s five “cornerstones” are evolving and
  • How your firm can anticipate these changes.
 

About the Author

Economist Umair Haque is the director of the Havas Media Lab, a research institute, and the founder of Bubblegeneration, a strategy laboratory.

 

Summary

Capitalism in a Time of Change
Many businesses today operate under a form of “industrial capitalism” dating from the 18th century. The 20th-century free market system didn’t resemble the model Adam Smith described in The Wealth of Nations in 1776, and 21st-century capitalism won...

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