Abstract

http://ssrn.com/abstract=2291145
 


 



Debating the Responsibility of Capitalism in Historical and Global Perspective


Geoffrey Gareth Jones


Harvard University - General Management Unit

July 8, 2013

Harvard Business School General Management Unit Working Paper No. 14-004

Abstract:     
This working paper examines the evolution of concepts of the responsibility of business in a historical and global perspective. It shows that from the nineteenth century American, European, Japanese, Indian and other business leaders discussed the responsibilities of business beyond making profits, although until recently such views have not been mainstream. There was also a wide variation concerning the nature of this responsibility. This paper argues that four factors drove such beliefs; spirituality, self-interest; fears of government intervention; and the belief that governments were incapable of addressing major social issues.

Number of Pages in PDF File: 44

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Date posted: July 9, 2013  

Suggested Citation

Jones, Geoffrey Gareth, Debating the Responsibility of Capitalism in Historical and Global Perspective (July 8, 2013). Harvard Business School General Management Unit Working Paper No. 14-004. Available at SSRN: http://ssrn.com/abstract=2291145 or http://dx.doi.org/10.2139/ssrn.2291145

Contact Information

Geoffrey Gareth Jones (Contact Author)
Harvard University - General Management Unit ( email )
Boston, MA 02163
United States
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