Capitalism has taken many forms over the last 500 years. This short essay asks whether rediscovering the idea that corporations have a moral duty to contribute to the social good might help create a form of capitalism capable of addressing the massive problems that we face. I argue that the...

Much recent work in strategy and popular discussion suggests that an excessive focus on “managing the numbers” – delivering quarterly earnings at the expense of longer term investments – makes it difficult for firms to make the investments necessary to build competitive advantage....

Much recent work in strategy and popular discussion suggests that an excessive focus on "managing the numbers" --delivering quarterly earnings at the expense of longer term investments--makes it difficult for firms to make the investments necessary to build competitive advantage. "Short termism"...