The Divine Right of Capital
Dethroning the Corporate Aristocracy
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Divine Right of Capital by Marjorie Kelly
Book DescriptionWealth inequity, corporate welfare, and industrial pollution are the symptoms of our sickened economy, Marjorie Kelly suggests. The underlying illness is shareholder primacy. In The Divine Right of Capital, she shows that the corporate drive to maximize shareholder profits at any cost is not only out of step with democratic and free-market principles, but is detrimental to the long-term health of individual companies and the economy as a whole. Kelly offers a far-reaching solution to rebuild corporations in a way that serves all.
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Book DetailsISBN: 9781576752371
(93mm x 61mm x 6mm)
Publish Date: 1-Jan-2003
Country of Publication: United States
Books By Author Marjorie Kelly
Owning Our Future, Paperback (June 2012)» View all books by Marjorie Kelly
All attempts to address the economic collapse are overlooking an essential factor: ownership. So long as businesses are set up to focus exclusively on maximizing monetary returns per quarter for a narrow group of individuals the economy will be subject to crippling boom-and-bust cycles. The author reports on emerging ownership alternatives.
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Author Biography - Marjorie Kelly
Marjorie Kelly is co-founder and editor of Business Ethics, a national magazine on corporate social responsibility. Since 1987, Business Ethics has been the core publication of the movement to bring greater social responsibility into business.
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