World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
World Economic Forum Founder and Executive Chairman Klaus Schwab offers a practical companion and field guide to his previous book, The Fourth Industrial Revolution. Today, technology is changing everything--how we relate to one another, the way we work, how our economies and goverments function, and even what it means to be human. One need not look hard to see how the incredible advances in artificial intelligence, cryptocurrencies, biotechnologies, and the internet of things are transforming society in unprecedented ways. But the Fourth Industrial Revolution is just beginning, says Schwab. And at a time of such tremendous uncertainty and such rapid change, he argues it's our actions as individuals and leaders that will determine the trajectory our future will take. We all have a responsibility - as citizens, businesses, and institutions - to work with the current of progress, not against it, to build a future that is ethical, inclusive, sustainable and prosperous. Drawing on contributions from 200 top experts in fields ranging from machine learning to geoengineering to nanotechnology, to data ethics, Schwab equips readers with the practical tools to leverage the technologies of the future to leave the world better, safer, and more resilient than we found it.
Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.
This book attempts to let the universal Upanisadic knowledge and experience of Divinity and reality emerge from the original texts and make it accessible to a broader western oriented audience.The book is in text commentary format and uses the method of p
This book is a great contribution to Peace Research. It places India in the world as a worthy player in international relations from ancient times. The selection of four of the most significant historical peaks over two millennia, the Ashoka era, the Pala era, the Orientalist era and the Gandhi era shows the uniqueness of India's peaceful history, relevant not only for herself, but for the whole of humankind. To the point that in present times, her engagement is destined to contribute to the urgent long-awaited transformation of the United Nations Organization. J.S.
Foreign policy analysis is a major part of international relations scholarship, yet many models are ill-equipped to examine the effects of individual leadership on policy. Written by a leading figure in the field, this innovative account challenges traditional views in international relations by theorising the influence of individual leaders on foreign policy change. It examines how and why leaders have shaped policy throughout history, showcasing Obama's Cuba pivot as a prime example. Using an original theoretical approach, this book will appeal to academics and practitioners in foreign policy analysis, international relations and comparative politics.
Nonlinear elliptic problems play an increasingly important role in mathematics, science and engineering, creating an exciting interplay between the subjects. This is the first and only book to prove in a systematic and unifying way, stability, convergence and computing results for the different numerical methods for nonlinear elliptic problems. The proofs use linearization, compact perturbation of the coercive principal parts, or monotone operator techniques, and approximation theory. Examples are given for linear to fully nonlinear problems (highest derivatives occur nonlinearly) and for the most important space discretization methods: conforming and nonconforming finite element, discontinuous Galerkin, finite difference, wavelet (and, in a volume to follow, spectral and meshfree) methods. A number of specific long open problems are solved here: numerical methods for fully nonlinear elliptic problems, wavelet and meshfree methods for nonlinear problems, and more general nonlinear boundary conditions. We apply it to all these problems and methods, in particular to eigenvalues, monotone operators, quadrature approximations, and Newton methods. Adaptivity is discussed for finite element and wavelet methods. The book has been written for graduate students and scientists who want to study and to numerically analyze nonlinear elliptic differential equations in Mathematics, Science and Engineering. It can be used as material for graduate courses or advanced seminars.
Revised and updated, this highly acclaimed work, now in its fourth edition, remains the most comprehensive source of information available on organic pigments. It provides up-to-date information on synthesis, reaction mechanism, physical and chemical properties, test methods, and applications of all the industrially produced organic pigments available on the world market. This fourth edition now includes new chapters on the latest applications and three-dimensional X-ray analysis, while the chapters on legislation, ecology, and toxicology have been rewritten to reflect recent developments. Sets the international standard for information on the synthesis, reaction mechanisms, properties, relevant test methods, and applications of organic pigments Contains all industrially produced pigments of the world market, even those which can no longer be found in producers’ catalogs are described Standardized methods allow test results to be compared throughout the book The reader is given useful hints as to which pigment is best for a given application Clearly structured and concise text with up-to-date references to the pertinent literature Ecological and toxicological properties of organic pigments are outlined Appendix offers invaluable flow diagrams on the manufacture of numerous pigments, a table of all described pigments with information about their C.I. and CAS registration, and an in-depth subject index
This third edition of the classic text updates the information contained in the earlier editions, and includes new chapters on the origins of Hinduism; its history of relations with Buddhism, Christianity, and Islam; Hindu science; and Hindu measures of time. The chronology and the bibliography have been updated as well. A comprehensive survey of the Hindu tradition, the book deals with the history of Hinduism, the sacred writings of the Hindus, the Hindu worldview, and the specifics of the major branches of Hinduism—Vaisnavism, Saivism, and Saktism. It also focuses on the geographical ties of Hinduism with the land of India, the social order created by Hinduism, and the various systems of Hindu thought. Klaus K. Klostermaier describes the development of Hinduism in the nineteenth and twentieth centuries, including present-day political Hinduism and the efforts to turn Hinduism into a modern world religion. A unique feature of the book is its treatment of Hinduism in a topical fashion, rather than by chronological description of the development of Hinduism or by summary of the literature. The complexities of Hindu life and thought are thus made real to the reader, and Hindus will recognize it as their own tradition.
It is well known that the horse naturally carries more weight on his forehand than on his hindquarters. This forward center of gravity, combined with an often unrecognized, inborn crookedness from poll to tail, can greatly inhibit training and ultimately affect the horse's physical soundness and willingness to perform. In fact, Gabriele Rachen-Schoneich and Klaus Schoneich attribute 95 percent of all locomotive problems, in both sport and leisure horses, to this inherent crookedness. For over 25 years, Rachen-Schoneich and Schoneich—along with expert riders, trainers, veterinarians, and other specialists—have concentrated specifically on this theory at their international training center in Germany. There they have worked with—and successfully "cured" through appropriate gymnastic training—more than 4,000 horses with straightness problems related to: incorrect or insufficient training; bad riding; veterinary misdiagnosis; poorly fit tack and equipment, and other causes. Now, the couple describe their techniques, not only for addressing the symptoms of crookedness in an already schooled horse, but also for dealing with the "innate problem" in unbroken youngsters. Readers learn how using groundwork with green horses can "straighten" them and increase their "carrying power" before they are backed. You'll see how, with sufficient attention to gymnastic training on the longe and in hand, the eventual transition to work under saddle can be handled smoothly, easily, and without ever sacrificing correct locomotion.
You'll find them in every company: managers and executives who don't understand the importance of fun in the workplace. They can't delegate, they don't really communicate and they use their offices to play politics, making their and their employee's work lives a living hell. Klaus Schuster doesn't pull any punches in his humorous account of the 11 most common management sins being committed every day in the banking and business world. His first of four management bestsellers in Europe, this book shows that it doesn't have to be that way!
Ruthenberg highlights the unique aspects of chemistry, specifically its metachemical fundamentals, which have been largely overlooked in current philosophies of science. Conventional metaphysics, derived from or focused on theoretical physics, is inadequate when applied to chemistry. The author examines and integrates historical and philosophical perspectives on important aspects of chemistry, including affinity, compositionism, emergence, synthesis/analysis, atomism/non-atomism, chemical species, chemical bond, chemical concepts, plurality, temporality/potentiality, reactivity, and underdetermination. To accomplish this, he draws on the works of notable chemists such as František Wald, Wilhelm Ostwald, Friedrich Paneth, and Hans Primas, who have contributed to the philosophical understanding of chemistry. The central conclusion of this study aligns with Immanuel Kant's viewpoint: Chemistry is a systematic art.
Günther's book demonstrates that most objections to moral and legal principles are directed not against the validity of principles but against the manner of their application. If one distinguishes between the justification of a principle and its appropriate application, then the claim that the application of the principle in each individual case follows automatically from its universal justification proves to be a misunderstanding. Günther develops this distinction with the help of Habermas's discourse theory of morality. He then employs it to extend Kohlberg's theory of moral development and to defend this against Gilligan's critique. In the third and fourth parts of the book, Günther shows—in debate with Hare, Dworkin, and others—how argumentation on the appropriate application of norms and principles in morality and law is possible.
A concise introduction highlighting theoretical and methodological issues and describing the strategies ancient artists used in order to instruct and persuade.
This second edition of a bestselling textbook offers an instructive and comprehensive overview of our current knowledge of biocatalysis and enzyme technology. The book now contains about 40% more printed content. Three chapters are completely new, while the others have been thoroughly updated, and a section with problems and solutions as well as new case studies have been added. Following an introduction to the history of enzyme applications, the text goes on to cover in depth enzyme mechanisms and kinetics, production, recovery, characterization and design by protein engineering. The authors treat a broad range of applications of soluble and immobilized biocatalysts, including wholecell systems, the use of non-aqueous reaction systems, applications in organic synthesis, bioreactor design and reaction engineering. Methods to estimate the sustainability, important internet resources and their evaluation, and legislation concerning the use of biocatalysts are also covered.
Equipment to be installed in electric power-transmission and distribution systems must pass acceptance tests with standardized high-voltage or high-current test impulses which simulate the stress on the insulation caused by external lightning discharges and switching operations in the grid. High impulse voltages and currents are also used in many other fields of science and engineering for various applications. Therefore, precise impulse-measurement techniques are necessary, either to prevent an over- or understressing of the insulation or to guarantee the effectiveness and quality of the application. The target audience primarily comprises engineers and technicians but the book may also be beneficial for graduate students of high-voltage engineering and electrical power supply systems.
Disruptive technology is one of the defining economic trends of our age, transforming one major industry after another. But what is the true impact of such disruption on the world's economies, and does it really have the potential to solve global problems such as low growth, inequality and environmental degradation? The provocative answer is that such disruption could indeed solve many of these issues, but that it won't... at least, not on its current trajectory. A Good Disruption highlights some of the huge costs that are at stake, and argues that managing such disruption will be the defining business challenge of the next decade. In order for us to meet that challenge, the book sets out a bold and inspirational vision for a more robust and sustainable economic model. Rich in relevant case studies, and incorporating industry examples from around the world, A Good Disruption accomplishes the remarkable feat of synthesizing key contemporary trends into a coherent world view of how to seize the potential of our collective futures. This is essential reading for policy makers, politicians, business executives and social scientists, as well as anyone who wants a deeper understanding of the impact of disruptive technology and how it can be transformed into a major force for the global good.
This book presents an up-to-date formalism of non-equilibrium Green's functions covering different applications ranging from solid state physics, plasma physics, cold atoms in optical lattices up to relativistic transport and heavy ion collisions. Within the Green's function formalism, the basic sets of equations for these diverse systems are similar, and approximations developed in one field can be adapted to another field. The central object is the self-energy which includes all non-trivial aspects of the system dynamics. The focus is therefore on microscopic processes starting from elementary principles for classical gases and the complementary picture of a single quantum particle in a random potential. This provides an intuitive picture of the interaction of a particle with the medium formed by other particles, on which the Green's function is built on.
For years, the critique of capitalism was lost from public discourse; the very word "capitalism" sounded like a throwback to another era. Nothing could be further from the truth today. In this new intellectual atmosphere, Sociology, Capitalism, Critique is a contribution to the renewal of critical sociology, founded on an empirically grounded diagnosis of society's ills. The authors, Germany's leading critical sociologists-Klaus Drre, Stephan Lessenich, and Hartmut Rosa-share a conviction that ours is a pivotal period of renewal, in which the collective endeavour of academics can amount to an act of intellectual resistance, working to prevent any regressive development that might return us to neoliberal domination. The authors discuss key issues, such as questions of accumulation and expropriation; discipline and freedom; and the powerful new concepts of activation and acceleration. Their politically committed sociology, which takes the side of the losers in the current crisis, places society's future well-being at the centre of their research. Their collective approach to this project is a conscious effort to avoid co-optation in the institutional practices of the academy. These three differing but complementary perspectives serve as an insightful introduction to the contemporary themes of radical sociology in capitalism's post-crisis phase.
The authors present a modern continuum mechanics and mathematical framework to study shell physical behaviors, and to formulate and evaluate finite element procedures. With a view towards the synergy that results from physical and mathematical understanding, the book focuses on the fundamentals of shell theories, their mathematical bases and finite element discretizations. The complexity of the physical behaviors of shells is analysed, and the difficulties to obtain uniformly optimal finite element procedures are identified and studied. Some modern finite element methods are presented for linear and nonlinear analyses. A state of the art monograph by leading experts.
In this prescient book, Klaus Dörre combines a vision of a climate-just society with a reformulation of socialist ideas that can guide the way to a ‘sustainable socialism’ for the 21st Century.
Since the appearance of its first edition in Germany in 1979, A History of German Literature has established itself as a classic work used by students and anyone interested in German literature. The volume chronologically traces the development of German literature from the Middle Ages to the present day. Throughout this chronology, literary developments are set in a social and political context. This includes a final chapter, written for this latest edition, on the consequences of the reunification of Germany in 1990. Thoroughly interdiscipinary in method, the work also reflects recent developments in literary criticism and history. Highly readable and stimulating, A History of German Literature succeeds in making the literature of the past as immediate and engaging as the works of the present. It is both a scholary study and an invaluable reference work for students.
Why does one country take the lead over others in the development and introduction of environmental innovations? This book analyzes lead markets for innovations such as fuel cells and photovoltaics, and offers insight into why this is. The authors use case studies to illustrate the policy framework that favors environmental innovation, and offer recommendations for research and development, environmental and industrial policies.
“The author delivers in fine detail, supported by excellent appendices and notes, the role of officers and men in the defense of the Dardanelles.” —Michael McCarthy, Battlefield Guide The German contribution in a famous Turkish victory at Gallipoli has been overshadowed by the Mustafa Kemal legend. The commanding presence of German General Liman von Sanders in the operations is well known. But relatively little is known about the background of German military intervention in Ottoman affairs. Klaus Wolf fills this gap as a result of extensive research in the German records and the published literature. He examines the military assistance offered by the German Empire in the years preceding 1914 and the German involvement in ensuring that the Ottomans fought on the side of the Central Powers and that they made best use of the German military and naval missions. He highlights the fundamental reforms that were required after the battering the Turks received in various Balkan wars, particularly in the Turkish Army, and the challenges that faced the members of the German missions. When the allied invasion of Gallipoli was launched, German officers became a vital part of a robust Turkish defense—be it at sea or on land, at senior command level or commanding units of infantry and artillery. In due course German aviators were to be, in effect, founding fathers of the Turkish air arm; while junior ranks played an important part as, for example, machine gunners. This book is not only their missing memorial but a missing link in understanding the tragedy that was Gallipoli. “A great addition to any Gallipoli library.” —The Western Front Association
South Asia is heavily impacted by the devastating loss of lives and human capital from the COVID-19 pandemic and the converging technology revolution sweeping the globe. The Converging Technology Revolution and Human Capital: Potential and Implications for South Asia looks at how the region could capitalize on these technologies to accelerate its development of human capital and promote adaptability and resilience to future shocks. The convergence of technological breakthroughs spanning biotechnology, nanotechnology, information technology, and cognitive science is driven by artificial intelligence, data flows, computing power, and connectivity. These breakthroughs can improve service delivery, productivity, and innovation, but they can also exacerbate inequalities and eliminate people’s agency and empowerment. This report analyzes these trends in the region, offering a comprehensive agenda to exploit the opportunities offered by converging technologies while minimizing the risks to vulnerable populations. It proposes strategies for building public sector capacity and promoting data and technology governance frameworks in a rapidly evolving technology landscape.
This important book introduces the basics of prenatal psychology and works through the current scientific findings in the psychology and psychosomatics of pregnancy and birth. Through exploring bio-psycho-social relationships, as well as historical and cultural perspectives, this interdisciplinary approach easily breaks down specialist discussions into easy-to-understand concepts. Bridging the gap between foetal programming and psychological research and practice, this accessible book presents the history of the field and the basic concepts of prenatal development before exploring the behavioural dimensions of life before, during, and immediately after birth. Topics include sensory and emotional development in the womb, perception and brain development, the influence of environmental factors and prenatal imprinting and long-term effects. The author also delves into the concept of attachment and support and analyses body symptoms, sensations, feelings and inner images in dreams and imaginations, through the role of art creations and biographical narratives. As a whole, this book provides a therapeutic synopsis of the entire existence, which begins with conception. Explaining how experiences in the prenatal period influence basic psychological imprints across the lifespan, this book is an essential resource for students in a wide range of interrelated disciplines, including developmental psychology, paediatric medicine, neuroscience, infancy and early child development, nursing, social work and early childhood education. It may also be of interest to researchers, clinicians and related professionals.
In 1960, Dr. George Deacon ofthe National Institute ofOceanography in England organized a meeting in Easton, Maryland that summarized the state of our understanding at that time of ocean wave statistics and dynamics. It was a pivotal occasion: spectral techniques for wave measurement were beginning to be used, wave-wave interactions hadjust been discovered, and simple models for the growth of waves by wind were being developed. The meeting laid the foundation for much work that was to follow, but one could hardly have imagined the extent to which new techniques of measurement, particularly by remote sensing, new methods of calculation and computation, and new theoretical and laboratory results would, in the following twenty years, build on this base. When Gaspar Valenzuela of the V. S. Naval Research Laboratory perceived that the time was right for a second such meeting, it was natural that Sir George Deacon would be invited to serve as honorary chairman for the meeting, and the entire waves community was delighted at his acceptance. The present volume contains reviewed and edited papers given at this second meeting, held this time in Miami, Florida, May 13-20, 1981, with the generous support of the Office of Naval Research, the National Aeronautics and Space Administration, and the National Oceanic and Atmospheric Administration.
The COVID-19 Pandemic: A Global High-Tech Challenge at the Interface of Science, Politics, and Illusions discusses COVID-19 as the first pandemic in the Internet era and our current reality of continuous reports, news, and updates. Since its beginning, we were daily bombarded with news of what was happening around the world. There was no global political leadership. The United States was politically partially paralyzed. Russia and China hoped to gain diplomatic profile worldwide, but their vaccines are of limited efficacy, and trust in their clinical data is rightly low. The European Union did not order enough vaccines in time, but sued a large manufacturer for delivery delays. Now it is setting up yet another bureaucratic institution. At least the pharmaceutical or life science industry paved the way out, but is not enthusiastically praised for it. It would be too easy and superficial to blame mistakes of governments and leaders on stupidity. Idiocy exists, but we have to go deeper to understand how illusions and blind spots in today's common perception and science, inertia, arrogance, conflicts of interest, competition of individuals, and states and institutions for public recognition have contributed to a multitude of flawed assessments and direct mistakes. Healthcare professionals and anyone interested in an in-depth understanding of humankind's response to the COVID-19 challenge will not get around the key conclusions of this book. - Outlines key elements of modern civilization, public health, and drug and vaccine development on the background of the COVID-19 pandemic - Discusses the historical roots of separate drug approval of vaccines and drugs in administratively classified "children" (of whom many are bodily mature long before their 16th or 18th birthday), and why the belated approval of vaccines against COVID-19 in minors is not based on science, but on blurs and conflicts of interest - Outlines key elements we need to address to become better prepared for future global health challenges. In the first place, we do not need new institutions, but to overcome intellectual barriers and blind spots
This book conveys the theoretical and experimental basics of a well-founded measurement technique in the areas of high DC, AC and surge voltages as well as the corresponding high currents. Additional chapters explain the acquisition of partial discharges and the electrical measured variables. Equipment exposed to very high voltages and currents is used for the transmission and distribution of electrical energy. They are therefore tested for reliability before commissioning using standardized and future test and measurement procedures. Therefore, the book also covers procedures for calibrating measurement systems and determining measurement uncertainties, and the current state of measurement technology with electro-optical and magneto-optical sensors is discussed.
Negotiations are of increasing importance in highly regulated sectors, particularly in network industries such as telecommunications and transport. Negotiating partners in these markets are often not equal with regard to their various sources and instruments of power. This analysis shows that negotiations are possible and can be efficient for all actors, even when power is distributed asymmetrically. Alternative Dispute Resolution (ADR) mechanisms are discussed as an alternative to conventional negotiations.
A comprehensive treatment of all aspects of waste disposal and management illustrated by numerous practical examples. This English version includes a comparison of regulations in the USA, Canada and Japan, US environmental legislation (both Federal and State) as well as a number of case studies, such as Recycling Hawaii, barge wastes - Mobro 4000, worker safety (OSHA), and pollution prevention - Wisconsin.
Stroke MRI is a new imaging tool providing detailed information of the pathophysiological aspects of cerebral ischemia. This book with CD-ROM includes a case collection of 25 hyperacute stroke patients, all imaged within six hours of stroke onset with a complete stroke MRI protocol. Stroke MRI and the established clinical methods are compared and recent results from single and multicenter trials are presented to demonstrate the advantages of MRI for stroke patients. The CD-ROM contains diffusion-, T2-, T2*-perfusion-weighted images and MR angiography. Each case offers to answer the relevant questions concerning vessel status and lesion size as well as presence or absence of a "tissue at risk" with a self assessment mode and the expertsa (TM) therapeutic decision. The CD and the book are complementary to avoid redundancy as far as possible. They will be useful to both the experienced researcher using MRI and the clinician or researcher with no previous knowledge of the technology.
Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.
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