Creating Shared Value - The future of Capitalism?

I’m not sure where to put this thread. It’s not car related but it’s about corporations and capitalism which in a way includes car companies as they are deeply entwined in our corporate and capitalistic society (I read somewhere that 1 out of 10 people in the US are directly or indirectly working with the automotive industry).

My question is related to Michael Porter’s concept of “Creating Shared Value” for corporations in order to save capitalism from a downward spiral of forever narrower financial goals and objectives.

I tend to agree with this idea but I wanted to start a discussion/debate on the topic and see what others had to say about it.

The article is a Harvard Business Review article originally written in 2006 and revised/updated in 2011.

Although the article normally needs to be purchased, I found a PDF link to the full article here:

http://community-wealth.org/sites/clone.community-wealth.org/files/downloads/article-porter-kramer.pdf

It’s an interesting read for anyone interested in new concepts regarding capitalism and the role of corporations in our global world.

Let me know your thoughts if you’ve managed to read the full article :slight_smile:

And if this is in the wrong forum section, my apologies and mods, feel free to move it accordingly.

Thanks.