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Beyond ESG: reforming capitalim and social-democracy

Author

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  • Marcel Boyer

    (TSE-R - Toulouse School of Economics - UT Capitole - Université Toulouse Capitole - UT - Université de Toulouse - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, UdeM - Université de Montréal, EPM - École Polytechnique de Montréal, IAST - Institute for Advanced Study in Toulouse, CIRANO - Centre interuniversitaire de recherche en analyse des organisations [Montréal, Canada] = Center for Interuniversity Research and Analysis on Organizations [Montréal, Canada])

Abstract

Several voices are rising to demand an in-depth reform of capitalism in the wake of the financial crisis of 2007-2010, the increase in income and wealth inequalities of the last four decades, the climate urgency in a local global world. There is a real danger that governments will be put under pressure from poorly-informed groups and will want to play Goethe's sorcerer's apprentice: too often, these good intentions are but a paved road to hell. In this document, I analyze various reform projects, I discuss the concepts of ethics and equity (environment, water, life, remuneration, inequalities, ESG) and I propose to add a project for in-depth reforms of capitalism and social-democracy.

Suggested Citation

  • Marcel Boyer, 2021. "Beyond ESG: reforming capitalim and social-democracy," Post-Print hal-05097473, HAL.
    • Handle: RePEc:hal:journl:hal-05097473
    DOI: 10.1561/109.00000033
    Note: View the original document on HAL open archive server: https://hal.science/hal-05097473v1
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