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The New Capitalist Manifesto: Building a Disruptively Better Business Hardcover – January 4, 2011
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a wake-up call and a compelling vision of a desirable future” Strategy & Business
" a wonderfully written book that helps readers become the change they want to see, declaring that Though the pages that follow are filled with examples I don’t want you to follow an example, but to be the example.'" Jack Covert, 800 CEO READ
"This is a good book. And you should read it, mark it up with a pencil, and then read it again." Triple Pundit
About the Author
Top Customer Reviews
For all its good content (including a great foreword by Gary Hamel), it fell short of what I was expecting and hoping for - namely, Umair using the extended medium of a book to take his basic thesis to the next level and tackle some of the (IMNSHO deeply misguided) critics of his blog, who prefer to spend their time demanding 'linear' proof of causality, rather than appreciating the complex system of changing frame conditions in which business is now operating.
Umair's cause isn't helped by some extraordinarily poor editing, which sees not only key ideas and concepts, but occasionally entire paragraphs of text repeated verbatim on facing pages. As a result (rightly or wrongly), you're left with the impression of a book that achieves its 200-odd page count with unnecessary padding, rather than with the further development of his argument.
Ultimately, I have to agree with the essence of Philip Loden's review. If you want the benefit of Umair's thought-provoking perspectives, go visit his blog. If you want to get to grips with the why, the what and the how of creating "thick" (sustainable, shared) value in more detail, then I feel there are other, better books for the job - Jonathon Porritt's "Capitalism As If The World Matters" and the magnificent Ray C. Anderson's "Business Lessons From A Radical Industrialist" to name but two.
The problem is that under industrial-era practices, businesses have been able to extract what the author calls "thin value" profits by shifting costs onto someone else. The new types of enterprises which will thrive in the 21st century will be "constructive capitalists", which will do some or all of the following:
* Renew resources instead of exploiting them
* Be more responsive to supply and demand by allocating resources democratically
* Use "philosophies" that create value rather than "strategies" that extract value
* Creating new arenas of competition rather than dominating existing ones
* Seeking payoffs that are meaningful in human terms, not just financial ones
The book goes on to describe ways in which some companies are already making the shift. Walmart has taken on challenging new sustainability goals. Nike has adopted new design principles to reduce waste and maximize recycling. Lego has opened up the design of its products to users. Google aims to stay competitive by liberating data instead of trying to lock users in. Tata has created an entirely new category of car with its Nano, and Apple has done similar things with its products. Nintendo's Wii is turning video games into a focal point for social interaction.
The book is written in a bold, provocative style similar to that of Gary Hamel (who has written the Foreword).Read more ›
"It'a time to replace [old-style capitalism] with a better kind of capitalism, that is intelligent, beautiful, just, virtuous -- and that does deliver the goods".
"It is to profit more from less economic harm, instead of being trapped to profit only through more harm."
The above "humble suggestions" are typical of the breathless, hyperbolic, meaningless, feel-good slogans which makes up the bulk of this book. Mr. Haque unleashes a flood of undefined terminology (thick value vs. thin value, betters vs. goods, authentic economic value, meaningful value, socio-productivity, socio-efficiency, socio-effectiveness, and on and on), which he uses in circular definitions, one undefined term supposedly defining the next layer of undefined terms.
Mr. Haque correctly points to some of the most egregious failings of laissez-faire capitalism, such as the need for endless growth of consumption of shoddier and shoddier products and services, which does irreversible harm to the environment, concentrates wealth and power in a very small elite, and does little or nothing to increase well-being and "happiness".
However, the psycho-babble of his breathless marketing hype, and the inane examples he cites of companies which supposedly show an emergence of his "constructive capitalism", only serves to reenforce the impression that Mr.Read more ›
Most Recent Customer Reviews
The New Capitalist Manifesto: Building a disruptively better business, by Umair Haque
The clue to the message of this book is disruptive. Read more
This book should be a set work text for university business studies. It's an excellent framework for capitalism to benefit all who contribute not just a selfish few.Published on July 5, 2014 by Craig
Been following Umair for a couple of years. This is his opus. Buy it if you're interested in making the world a better place through capitalism.Published on July 23, 2013 by Matt Plughoff
Brilliant. A must read. A mile-stone book in economics. With traditional capitalism (Americanism) in demise, this shows a new yet still capitalist way forward. Read morePublished on December 27, 2012 by wade salmond
As the world considers its financial way forward, economist Umair Haque proposes a radical reinvention of capitalism. Read morePublished on December 20, 2012 by Rolf Dobelli
I got inspired from this book. If you are interested in finding solutions to every day problems, this is no handbook - but gives you food for thought. Read morePublished on February 7, 2012 by Jan R. Johnsen
Much of the premise that serves as the theme of this book is false. I could not agree more that there is a lack of moral leadership in all facets of life including business. Read morePublished on November 24, 2011 by Old Capitalist
I expected a lot more from this book but its nothing more than a rehashing of all the current business management topics circulating online. Read morePublished on November 21, 2011 by UL