Does Capitalism Need Reform—or Revolution?

2024-03-01    

Is capitalism the scorpion? Corporate executives and boards say they want to help employees, customers, communities, and the environment, but does the very nature of the system in which they operate ensure that they’ll sting us all anyway? Put another way, can the same institutions that (along with many positive things) have exacerbated climate change and inequality be trusted to cure us of those ills? Can profitability coexist with environmental sustainability and economic equity? Several new books set out to answer those questions, and their answers vary widely, from a qualified “yes” to a hard “hell, no.”

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