Saving Capitalism From Short-Termism
Saving Capitalism From Short-Termism
Alfred Rappaport
Patrick O'Shaughnessy
Explores the many problems that result from short-term thinking. - Patrick O'Shaughnessy
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Saving Capitalism From Short-Termism

Saving Capitalism From Short-Termism: How to Build Long-Term Value and Take Back Our Financial Future

Alfred Rappaport
By
Alfred Rappaport
3.6
18
ratings on Goodreads

In "Saving Capitalism from Short-Termism," Alfred Rappaport embarks on a critical mission to address the growing concern of short-termism that plagues the modern capitalist system, threatening the very foundations of our economy. With a forensic eye, Rappaport dissects how the incessant focus on quarterly earnings and immediate stock prices not only jeopardizes the long-term health of companies but also undermines the broader economic landscape. This book is not just an exploration of the symptoms of short-termism but a robust call to action, urging business leaders and investors alike to realign their strategies toward long-term value creation. Through insightful analysis and compelling arguments, Rappaport illuminates the path forward, advocating for a shift in corporate incentives that promises to rejuvenate capitalism by fostering sustainable growth and innovation. At the heart of Rappaport's thesis is the conviction that the salvation of capitalism lies in breaking free from the shackles of short-term gains and reorienting our economic compass towards lasting prosperity. Drawing on decades of experience and a rich tapestry of research, "Saving Capitalism from Short-Termism" emerges as a beacon of hope, offering practical solutions to recalibrate the incentives that drive corporate and investor behavior. Rappaport's visionary approach is underpinned by a deep understanding of the dynamics at play, presenting a lucid blueprint for how businesses can thrive by serving the true interests of their shareholders and, by extension, society at large. This book is a must-read for anyone invested in the future of capitalism, from corporate executives and policymakers to investors and academics, providing a critical roadmap for fostering an economic environment where long-term value creation is paramount.

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Released
2011
21 Jul
Length
256
Pages

1

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Explores the many problems that result from short-term thinking. - Patrick O'Shaughnessy
— Alfred Rappaport, Saving Capitalism From Short-Termism

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