In the current crisis context, capitalism is questioned by its detractors or defended by its partisans. The concept of Socially Responsible Capitalism (SRC) is based on the entrepreneurial spirit. It encourages exemplary behaviors, such as effective, efficient and ethical behaviors, by stimulating social responsibility of companies and organizations. This is combined with the development of economic empowerment and legitimate efforts of each citizen-actor.
Socially Responsible Capitalism and Management does not confuse financial capitalism and entrepreneurial capitalism. The first one improves the creation of artificial value which leads to financial bubbles that periodically burst and bankrupt the real economy. Quite the reverse, entrepreneurial capitalism creates both solid economic value and employment. This is justified by the production of goods and services that meet legitimate needs of consumer-citizens.
This book shows that by putting Human Beings at the heart of action enables producing sustainable economic value, and anthropological values which are inseparable. The innovative aspect of this book lies in its analysis starting from the macro-economic level to the individual one, by presenting a detailed analysis of the micro-economic level of companies within its managerial issues. Socially Responsible Capitalism and Management is dedicated to present the different aspects of SRC for the Society, companies and organizations and also individual actors, as citizens, producers and consumers.
Part 1: Socially Responsible Capitalism in Society
1. Financial Capitalism versus Entrepreneurial Capitalism
2. Forerunners of Socially Responsible Capitalism Concept
Part 2: Socially Responsible Enterprises and Organizations
3. Socio-Economic Approach to Management, a Socially Responsible Organizational Approach
4. The Core Concept of Human Potential
5. Challenging the Socially Responsible Capitalism Organization
Part 3: Socially Responsible Individual: Value(S) Producer and Consumer
6. The Citizen-Producer-Consumer of Social Values and Economic Value