The recent global financial crisis is in fact a moral crisis-from its very beginnings, capitalism has been a moral movement, a way of dedicating one's life to something that will outlast the individual. The West has lost sight of this. Unless we rediscover the conscience within capitalism, we will continue to be mired in crisis, and will ultimately be usurped by China and other developing economies. This important and timely book provides a clear-sighted and detailed overview of the faultlines and contradictions within the current Western model, and shows how governments, corporations, and individuals can create a stronger and more balanced culture. Drawing fascinating insights from different business cultures around the world, including modern China, the Singaporean experiment, the German Mittelstande, and Scandinavian models, and from the cultures of innovation and collaboration in locations such as Silicon Valley and the "knowledge community" in Cambridge (UK), the authors make a compelling case for the strengths of capitalism while addressing its current weaknesses. This highly topical call to arms is essential reading for experts, lay people, and anyone who cares about the future of our market society.
