Inclusive capitalism

Debating Capitalism

This paper is about the dissemination of knowledge across the curriculum and the role business education can play in elevating student awareness and understanding of interdisciplinary thoughts. Most importantly, it explores the importance of thoughtful appreciation of divergent educational paradigms and how such an appreciation can be the bridge toward cohesive, contemporary, and meaningful lea...

Why Capitalism?

Capitalism in Question

Paul Adler was Program Chair for the 2013 meeting of the Academy of Management in Orlando, Florida, in August. In this capacity, he organized the “All-Academy Theme” component of the meeting program, helped by a committee of Tom Kochan (MIT), Jerry Davis (U. Michigan), Carrie Leana (U. Pittsburgh), and Stella Nkomo (U. Pretoria). The theme was “Capitalism in Question.” The essay below is an edi...

Medicine under capitalism.

For about ten years, I have carried out annual appraisals on doctors working in general practice. I do this on a freelance basis, not as part of my salaried work. When I started, I used to claim my fees from a man called Steve, in an office at the local primary care trust. Now Steve is no longer there. Nor is his job, nor his office, nor the trust. Nowadays, I send my invoices to an agency a co...

Capitalism and Society

This is a theoretical paper in which we attempt to present an economic and sociological theory of entrepreneurship. We start from Schumpeter’s idea in Theory of Economic Development that the economy can be conceptualized as a combination and innovations as new combinations. Schumpeter also spoke of resistance to entrepreneurship. By linking the ideas of combination and resistance, we are in a p...