Market Capitalism and Social Responsibility. Profits, Perils, and the Future of Business (en Inglés) - Won-Yong Oh

Oh draws on global case studies to underscore how digital transformation and the global economic order are redistributing risks across generations and stakeholders. He poses a critical challenge: Can corporations justify the sole pursuit of profit when society is left to bear the cost of systemic perils? Chapters evaluate the limits of shareholder primacy, the failures of markets and governments, and the ethical tensions embedded in contemporary finance. Moving beyond a purely economic inquiry, this book calls for a structural imperative to redefine prosperity and safeguard the sustainability of our shared future.

Bridging theory and practice, Market Capitalism and Social Responsibility is a valuable resource for scholars and students of business, management, public policy and governance. It is also relevant to business professionals and corporate leaders interested in understanding the purpose, responsibility and power of the corporation.