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Monthly Archives: May 2012

The Spirit of Capitalism: the Quakers and the First Industrial Revolution


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The ecological model in The New Ecology of Leadership shows enterprises as being conceived in passion and born in communities of trust and practice. My insights into this dynamic were first guided by my discovery of the Society of Friends, … Continue reading


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Bain or Bane? Private-Equity and Creative Destruction


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With Mitt Romney now the inevitable Republican Presidential candidate, renewed attention is being focused on his incredibly lucrative years running Bain Capital. In that private-equity firm he and his colleagues played key roles, mostly as the turnaround managers of mature … Continue reading


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Sustaining Complex Systems: Fairways and Traps


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This past Sunday’s New York Times contained another cautionary tale about complex systems and the people who live in them. It is the story of the seaside town of Matunuck on the southern coastline of Rhode Island. The entire region … Continue reading


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The Re-Enchantment of Management and The Renewal of Capitalism


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Recently the Harvard Business Review, McKinsey & Company and the Management Innovation eXchange (MIX) conducted a series of three competitions on “Reinventing Management”. The first was the The Management 2.0 Challenge, which characterized the existing version of management as version … Continue reading


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The Poverty of Economics: Capitalism Is Not Just About Competition


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Last week David Brooks wrote a column titled “The Creative Monopoly” (New York Times, April 24). In it he told a story about Peter Thiel, the entrepreneur who founded PayPal and the course he is now teaching about entrepreneurial startups … Continue reading


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