Tag Archives: neoclassical economics

Shareholder Value Part III: A New Narrative for Capitalism

The ripples from Joe Nocera’s August 10 column in The New York Times, “Down With Shareholder Value” continue to radiate throughout the blogosphere. This past week I came across Miguel Padró’s Yahoo blog, “Is ‘Maximizing Shareholder Value’ No Longer the … Continue reading →

Posted in Change, General, Leadership | Tagged Alexis de Toqueville, Anglo-Saxon capitalism, Aspen Institute, Berle and Means, community capitalism, context, crisis, destruction, ecodynamics, ecological perspective, ecology, English Nonconformists, evolution, externalities, family business, Gerald Davis, hunter-gatherer, Joe Nocera, John Kenneth Galbraith, managerial capitalism, MiguelPadro, narrative, narrative centre of gravity, neoclassical economics, re-localize, renewal, retention, selection, shareholder capitalism, shareholder value model, Sisyphus, The New Industrial State, variation | 1 Comment

Bain or Bane? Private-Equity and Creative Destruction

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 →

Posted in Change, General | Tagged American economy, Anglo-Saxon capitalism, Bain, complex systems, creative destruction, ecological perspective, forest renewal, incentives, innovation, Mitt Romney, neoclassical economics, Obama, predator, private-equity, scavenger, shareholders, tax policy, The Economist, venture capital | Comments Off on Bain or Bane? Private-Equity and Creative Destruction

The Poverty of Economics: Capitalism Is Not Just About Competition

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 →

Posted in Change, General | Tagged Anglo-Saxon capitalism, creative monopoly, David Brooks, ecological narrative, Fannie Mae, IMF, market power, neoclassical economics, niche, perfect competition, Peter Thiel, regulator capture, Simon Johnson | Comments Off on The Poverty of Economics: Capitalism Is Not Just About Competition

Ecological Rationality: Coming Soon to a Website Near You!

In the dance of the seven veils (or is it seven dust covers?) that make up the pre-launch of The New Ecology of Leadership, the next scheduled event is the posting of the Introduction as an excerpt. I don’t have … Continue reading →

Posted in General | Tagged agency theory, ecological rationality, emotion and reason, Ken Robinson, neoclassical economics, shareholder value model, transaction cost economics | 2 Comments

The Fusion of Ideas: Welding Imagination to Experience

In a recent HBR blog, Bronwyn Fryer, a contributing editor to hbr.org , put out a call for what she called “idea fusers”. She pointed out that great inventions are often the result of the fusion of ideas from very … Continue reading →

Posted in General | Tagged 3M, Anglo-Saxon capitalism, cooperation and collaboration, creativity, ecologics, egalitarian teams, fission-fusion, Google, herding dynamics, horizontal thinkers, hunting dynamics, IDEO, innovation, Jump Associates, Mitt Romney, neoclassical economics, power hierarchies, Rent the Runway, T-shaped thinkers, vertical thinkers | Comments Off on The Fusion of Ideas: Welding Imagination to Experience