Corpoworld: An Imaginative Essay to Address One of the Great Problems of Our Time

Authors

  • Raúl Norberto Tomé S&T Servicio y Tecnología S.A., Bernardo de Irigoyen 722, 9th floor, Buenos Aires 1072, Argentina

Keywords:

External Stakeholders, Externalities, Corporate Governance, Corporate Responsibility, Business and Economics, Regulated Capitalism

Abstract

Liberalism [ ] has exhausted - or is exhausting- its ability to rally the majorities around its promise of value. The undersigned does not identify an alternative model with enough attractiveness. So, he understands it would be valuable to seek ways to reform it and a mechanism that can ensure a transition - from its current condition to a superior one - as short and amicable as possible. The work that follows describes a reformist proposal for regulated capitalism, which avoiding altering its main foundations could correct the negative externalities [ ] that it in practice spills over society. And it exposes in an addendum a representative formal milestone of the proposed approach.

References

] Michael J. Sandel “Do we own ourselves? /Libertarianism” in Justice. What’s the right thing to do? e-pub ID 9781429952682.

[ 2] Will Kenton. “Externality: What It Means in Economics, With Positive and Negative Examples”. Investopedia. Oct. 26,2020. Internet: https://www.investopedia.com/terms/e/externality.asp

] Sarwat Jahan, Ahmed Saber Mahmud – “What is Capitalism?” International Monetary Fund Press. Internet: https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Capitalism

] Global Impact Investing Network (GIIN). Internet: https://thegiin.org/new-capitalism/

] A new look at how corporations impact the economy and households – McKinsey Global Institute – May 31, 2021. Internet: https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/a-new-look-at-how-corporations-impact-the-economy-and-households

[ 6] Robert Kennedy. Remarks at the University of Kansas. Mar. 18, 1968. Internet: Remarks at the University of Kansas, March 18, 1968 | JFK Library

] Stefano Fiori. Individual and self-interest in Adam Smith's Wealth of Nations. Dans Cahiers d'économie Politique 2005/2 (n° 49), pages 19 à 31. Internet: Individual and self-interest in Adam Smith's Wealth of Nations [1] | Cairn.info

[ 8] Gunnar Jaerv • Published on 22 Apr. 2021. Internet: Concepts: The Principal-Agent Problem – News & Insights – First Digital (1stdigital.com). Internet: SPAS_8_11.pdf (seaopenresearch.eu).

[ 9] C?t?lin M?rginean Babes-Bolyai University. Internet: https://seaopenresearch.eu/Journals/articles/SPAS_8_11.pdf

[ 20] Cheltenham. Regulatory Capitalism. UK; Northampton, MA, USA: Edward Elgar. pp. xi. ISBN 9781847200020.

[ 11] Warren Buffet Berkshire – Hathaway 2021 Letter to Shareholders. Internet: https://www.berkshirehathaway.com/letters/2021ltr.pdf

] Internet: Internet: https://www.berkshirehathaway.com/2021ar/2021ar.pdf

] Internet: https://www.berkshirehathaway.com/2021ar/2021ar.pdf. Pag. 140.

[ 14] Marmon Holding, Inc. (“Marmon”) is a holding company that conducts operations through more than 100 manufacturing and service businesses organized into 11 business groups.

Downloads

Published

2022-12-27

How to Cite

Raúl Norberto Tomé. (2022). Corpoworld: An Imaginative Essay to Address One of the Great Problems of Our Time. American Scientific Research Journal for Engineering, Technology, and Sciences, 90(1), 531–547. Retrieved from https://asrjetsjournal.org/index.php/American_Scientific_Journal/article/view/8232

Issue

Section

Articles