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By H. Kazeroony, A. Stachowicz-Stanusch

The ebook examines the altering exterior setting of organisations. This e-book explores the contradictions in the international capitalist method and their effects to evaluate and locate methods in growing new wisdom for managers/leaders to reorient themselves in applicable restructuring of companies to higher serve their stakeholders.

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An approach from historical materialism identifies the class struggle within capitalist development, which evolves into a socialist society composed of a system of production, distribution, and consumption consisting of equal individuals in a democratic state. The logic of capitalism has been the dominant ideology in the West since the Industrial Revolution (Lovins, Lovins & Hawken, 1999) and was promoted heavily in the 19th century, based on the accumulation of capital by maximizing profit. The period between 1860 and 1900 is often referred to as the Second Industrial Revolution due to the large number of technologies invented during that time.

Weber, M. (1978). Economy and society. Berkeley: University of California Press. 3 How Firms Balance Social Responsibility with Surplus Value from Labor Inputs Li-Hwa Hung Introduction Capitalism is an economic system characterized by private ownership and market-allocated resources. Market capitalism currently faces numerous threats that may disturb the foundations of capitalism. In the past 50 years, the world has experienced unprecedented economic growth, which is largely attributable to the global spread of market capitalism (Meyer & Kirby, 2012).

Morris, J. (2010). Restructuring managerial labour in the USA, the UK and Japan: challenging the salience of ‘varieties of capitalism’. British Journal of Industrial Relations, 48(2), 347–374. direct =true&db=keh&AN=50516406&site=ehost-live&scope=site Moustakas, C. E. (1990). Heuristic research: design, methodology, and applications. Newbury Park: Sage. Nielsen, R. P. (2008). The private equity-leveraged buyout form of finance capitalism: ethical and social issues, and potential reforms. Business Ethics Quarterly, 18(3), 379–404.

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