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The adaptive challenge

In: Business at a Crossroads

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  • Tom Lloyd

Abstract

That the distributive injustices it’s creating have contributed to the erosion of public trust in the liberal capitalist system; that it denies its employees sufficient bases for self-respect and that its structure is unsuited to the modern business environment, does not mean the large joint stock company is doomed. But it does mean it has some adapting to do if it is not to undermine the liberal capitalist consensus utterly, and lose the able people it needs to maintain its current position to other kinds of enterprise, better suited to the modern world.

Suggested Citation

  • Tom Lloyd, 2010. "The adaptive challenge," Palgrave Macmillan Books, in: Business at a Crossroads, chapter 8, pages 145-161, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-25098-7_9
    DOI: 10.1057/9780230250987_9
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