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Prosperity
Book

Prosperity

Better Business Makes the Greater Good

Colin Mayer
Oxford UP, 2019

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Editorial Rating

8

Qualities

  • Eye Opening
  • Bold
  • Visionary

Recommendation

Whether you believe that they hold constitutional rights or that they are simply legal and tax structures, corporations are no doubt among the most important drivers of employment, income and wealth creation. But the same firms that produce the world’s abundance of goods and services also release toxic byproducts into the economic, social and environmental ecosystem. In this thought-provoking work, professor Colin Mayer argues that corporations must set a new course. Executives, investors and elected officials will find this a compelling thesis on the role of the corporation.

Take-Aways

  • In the “Friedman Doctrine,” economist Milton Friedman set the tone for the modern corporation.
  • Corporations must restore trust among their stakeholders.
  • The corporation’s history is one of disruption and dynamism. 

About the Author

Colin Mayer is a professor of management studies at the Said Business School at the University of Oxford.

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