Saving Capitalism from Short Termism

By Alfred Rappaport
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"Saving Capitalism from Short Termism" by Alfred Rappaport presents an insightful and powerful examination of how short-term thinking in the business world jeopardizes the long-term health and sustainability of capitalism.

Rappaport convincingly argues that the relentless pursuit of short-term financial goals at the expense of long-term value generation has become a pervasive issue in today's business environment. He delves into the detrimental effects of short-term thinking on company performance, shareholder value, and economic growth.

Drawing from extensive research, Rappaport proposes a comprehensive framework to combat short-termism and restore the primacy of long-term value creation. He presents practical strategies for shareholders, executives, and policymakers to align incentives and prioritize sustainable growth over immediate gains.

Throughout the book, Rappaport emphasizes the importance of a balanced approach to business decision-making, highlighting the need to consider both immediate outcomes and their long-term implications. He also explores alternative perspectives on corporate governance, executive compensation, and investor activism, offering valuable insights for a broad range of stakeholders.

"Saving Capitalism from Short Termism" is a timely and thought-provoking read that challenges conventional wisdom and calls for a fundamental shift in the way we perceive and practice capitalism. With clear analysis and cogent arguments, Rappaport aims to reignite a dialogue on responsible capitalism and inspire individuals and organizations to prioritize the long-term prosperity of our economic system.
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