Richard D’Aveni, leading strategy professor at Dartmouth’s Tuck School of Business, calls for a radical strategic overhaul of American-style capitalism to maintain global supremacy and keep democracy alive
Nearly every country on earth has embraced capitalism—but each has its own unique version. The free-market capitalism invented by the United States in the 18th Century has fierce competition for the first time. D’Aveni makes the timely, compelling—and sure to be controversial—case that in order to win the “capitalist cold war,” policy makers, politicians, and business leaders must alter their extreme free-market philosophy and initiate a more proactive, strategic approach to markets.
Strategic Capitalism breaks global capitalism down into four main types—laissez-faire capitalism, social market capitalism, philanthropic capitalism, and managed capitalism—and lays down the groundwork for strategic interference in America’s national economy to outperform other capitalist systems.
Richard D’Aveni (Detroit, MI) is Professor of Strategy at the Tuck School at Dartmouth College.