000 04619nam a2200445 i 4500
001 DG1457081587
003 OCoLC
005 20250928142819.0
006 m o d
007 cr cnu---unuuu
008 240815s2025 caua ob 001 0 eng
010 _a 2024038053
020 _z9781503642461
_qhardcover
035 _a(OCoLC)1457081587
040 _aDLC
_beng
_erda
_cDLC
_dOCLCO
_dYDX
_dN$T
_dUBY
_dOCLCL
_duoc
042 _apcc
043 _an-us---
082 0 0 _a650.071173
_223
_bAND
099 _aHD30.42.U6
100 1 _aHoffman, Andrew J.,
_d1961-
_eauthor.
245 1 0 _aBusiness school and the noble purpose of the market :
_bcorrecting the systemic failures of shareholder capitalism /
_cAndrew J. Hoffman.
264 1 _aStanford, California :
_bStanford Business Books, an imprint of Stanford University Press,
_c[2025]
300 _axv, 338 pages:
_billustrations
_c24 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references and index.
505 0 _aBusiness schools are broken : it's time to fix them -- The implications for students -- The role of faculty and administrators -- The coming end of shareholder capitalism -- Bringing Adam Smith into the present : reexamining the fundamentals of capitalism -- Alternative capitalisms around the world -- The purpose of the firm : it's not to make shareholders rich, it's to serve customers and society -- How money corrupts healthy government and democracy : why the corporation is not a "natural person" -- The necessary and constructive role of business in policymaking ... And the need for guardrails -- The necessary and constructive role of the government in the market : not more or less government, the right level of government -- Outdated business school principles and concepts : efficiency, value, prosperity, and metrics -- The noble calling of business and business education.
520 _a"Today's business schools were designed for a world that no longer exists. That world elevated the primacy of shareholder profits above the interests of employees, the environment, and society; viewed government as an intrusion on the free market rather than an arbiter of its proper functioning; and promoted unlimited economic growth despite the devastating environmental and economic consequences. And yet, the past 150 years of capitalism can be credited with raising the standard of living for millions of people by increasing the world economy by a factor of 14, tripling the global per capita income, extending average life expectancy by almost two-thirds and decreasing the number or people living in extreme poverty from 56% in 1920 to 10% today. Business School and the Noble Purpose of the Market explains how b-school students, faculty, and administrators can think differently and hopefully about reforming capitalism and the global marketplace, starting with business school education. Eminent business scholar Andrew J. Hoffman describes how students and faculty can adapt, and develop the skills, knowledge and wisdom business leaders need now to deal with planetary challenges such as climate change, widening income inequality, and social unrest. Gen Z b-school students see the problems with neoliberal capitalism, they care about climate change and inequality, and they are more values-driven than previous generations. The book will inspire them to use their business education and career to align with their values. For faculty and administrators who also have a sense of "management as a calling" the book offers an inspiring program for reinventing business school curriculum, and turning the power of business and the global market toward a constructive new role in society"--
_cProvided by publisher.
588 _aDescription based on online resource; title from digital title page (viewed on April 29, 2025).
650 0 _aIndustrial management
_xStudy and teaching
_zUnited States.
650 0 _aBusiness education
_xMoral and ethical aspects
_zUnited States.
650 0 _aBusiness ethics
_xStudy and teaching
_zUnited States.
650 0 _aSocial responsibility of business
_zUnited States.
650 0 _aCapitalism
_xMoral and ethical aspects
_zUnited States.
_9885
776 0 8 _iPrint version:
_aHoffman, Andrew J., 1961-
_tBusiness school and the noble purpose of the market
_dStanford, California : Stanford Business Books, an imprint of Stanford University Press, 2025
_z9781503642461
_w(DLC) 2024038052
942 _2ddc
_cBK
948 _aSubsequent record output
949 _hwellsebook
999 _c1758
_d1758