000			01735nam a2200217Ia 4500
999			_c232898 _d232898
005			20220421214250.0
008			200208s9999 xx 000 0 und d
020			_a9781422131688
082			_a330.122 MEY
100			_a"Meyer, Christopher"
245		0	_aStanding on the sun: how the explosion of capitalism abroad will change business everywhere
260			_aBoston
260			_bHarvard business review press
260			_c2012
300			_a332p.
365			_b9000
365			_dRS
520			_aFor half a century the US has sat at the center of the global economic system, and Western-style capitalism has dominated. Now, it's no secret that the center of gravity is shifting. The advanced economies that in 2000 consumed 75% of the world's output will, by 2050, consume just 32%. Meanwhile, the emerging economies of the world-Brazil, India, China, and others will surge forward. As these fast-growing, low-income economies mature, will they adopt the practices of the old guard? Or will they make their own way, and create the next prevailing version of capitalism? What new opportunities will that create for firms around the world? Standing on the Sun tackles these questions with fresh ideas and provocative examples. Based on firsthand observations of companies defying capitalism's old rules yet prospering, the authors outline new principles for commercial success. Among them:• The obsession with return on equity gives way to more broad-based measurements of success.• Adam Smith's invisible hand of the market is redeemed by the "invisible handshake" of collaborative networks. • Businesses take ownership of the impacts they now call "externalities.
650			_aCapitalism
942			_cB _2ddc