Critics of capitalism view big businesses as insatiable masters of the universe with little regard for the public. They label those who create wealth as greedy, malicious, and unscrupulous. In this insightful and original book, Theodore Roosevelt Malloch presents the bold idea that the creation of wealth by virtuous means is the most important thing that can be done for society. Drawing from the notion of "social capital," which has been developed by generations of scholars, Malloch adds the concept of "spiritual capital" as a foundation for social progress and also a necessity for responsible and successful enterprise.
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He details the virtues that sustain a business and a free market—virtues that build up a network of trust, which is critical to the global economy. From Wal-Mart to IBM, Malloch demonstrates how companies that operate on ethical models informed by spiritual traditions have outperformed their competitors. This book is a welcome moral defense of free enterprise and a sensible guide for achieving the ideal of virtuous business. He presents case studies of virtuous business in the Judeo-Christian tradition as well as statistical analysis demonstrating how companies that operate on ethical models have outperformed their competitors over the long run.
Covering ten major worldwide religions, Theodore Malloch provides an overview of the practical wisdom of the major faith traditions for management. It includes case studies of over twenty multinational corporations focusing on their values, spiritual inspiration and business strategy.
Doing virtuous business : the remarkable success of spiritual enterprise
It features case studies on corporations including:. It is essential reading for business leaders, researchers and students of business ethics and spirituality courses and includes full teaching guidance. By day he made thousands of dollars a minute. By night he spent it as fast as he could. In the s Jordan Belfort became one of the most infamous names in American finance: a brilliant, conniving stock-chopper who led his merry mob on a wild ride out of the canyons of Wall Street and into a massive office on Long Island. It's an extraordinary story of greed, power and excess no one could invent - and then it all came crashing down.
Brooks shows that this trend cannot be reversed through materialistic appeals about the economic efficiency of capitalism.
Doing Virtuous Business | Theodore Roosevelt Malloch
Rather, free enterprise requires a moral defense rooted in the ideals of earned success, equality of opportunity, charity, and basic fairness. Brooks builds this defense and demonstrates how it is central to understanding the major policy issues facing America today. The future of the free enterprise system has become a central issue in our national debate, and Brooks offers a practical manual for defending it over the coming years.
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Can the concept of "Spiritual Capital" actually ensure a company's success? Reviews Review Policy. Published on. Flowing text, Original pages.
Doing Virtuous Business: The Remarkable Success of Spiritual Enterprise
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ISBN 13: 9780849947179
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Practical Wisdom in Management is the first in-depth case-study book to explore how practical wisdom from spiritual and philosophical traditions inspires corporate culture and leadership. The Wolf of Wall Street.
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