Books like Six Capitals, or Can Accountants Save the Planet? — picked by fans

This book grabbed me with the horrific opening scene and made me think about how this planet is moving into a climate-threatening situation.

I loved the way Robinson made me feel what it was like to live in a heat-ravaged world. I liked the main character, the head of the Ministry for the Future, because she was believable. She was smart, compassionate, and politically savvy, the kind of person you could trust in this position.

I like that the climate threat is the canvas upon which the characters need to react. For me, it is very relevant to our current situation.

I recently attended the 10-year Reinventing Organizations anniversary party over Zoom, which attracted hundreds of people from around the world. Many quit their jobs after reading Frederic Laloux’s book to help build a new market for a radically different approach to management consulting.

The unassuming former McKinsey consultant became a household name in business circles when his surprise bestseller challenged conventional ways of working. His premise is bold: we are entering a new stage of human consciousness that demands a rethink of how we organize work. Moving away from traditional command-and-control hierarchies formed during the Industrial Revolution, Laloux showcases case studies of organizations where everyone is encouraged to operate like an entrepreneur and contribute meaningfully.

In this engaging read, Laloux distills complex ideas effortlessly, inspiring readers to reimagine what’s possible for themselves and their teams. Reinventing Organizations is not your typical business book. A decade later, its insights remain fresh,… show more.

Raworth articulates something I'd felt but couldn't express: that our current economic models are fundamentally flawed, simultaneously transgressing planetary boundaries whilst leaving billions below social foundations.

Her doughnut framework—depicting the safe and just space between social foundations and ecological ceilings—clarifies the "why of work.”

I love how she challenges conventional economic thinking with such clarity and wit. When she explains why GDP growth can't be our goal, or why economies are embedded within society and nature (not the other way around), it feels both radical and obvious.

As a member organization of the Doughnut Economics Action Lab, I've seen how this framework helps businesses understand their purpose beyond profit.

This book provides the destination; my work explores the organizational navigation, the concrete patterns and structures that enable businesses to actually operate in that safe and just space.

The prevailing corporate form renders corporations prone to anti-social and environmentally destructive behavior because they are designed to maximize profits for shareholders without considering the consequences to society and the environment.

I love Better Business because it tells the story of the creation of an emergent alternative corporate form, the B-Corp with benefit corporation governance, that provides a material positive benefit to society and the environment in addition to making profits for shareholders.  

A sustainable economy not only requires new economic principles, but also new corporate forms that are endowed with a social and environmental conscience in addition to the usual pecuniary one. Better Business introduces you to these new corporate forms without bogging you down in legalese.

One of the disadvantages to writing a book with any economics in it is just that, readers need to know a little economics to get the most out of your book.

But to grasp how oil and the dollar interact and why we wind up in repeating financial crises, you don’t have to go back and reread Keynes and Irving Fischer (on interest rates). In 2009, Nobel Prize-winning economists George Akerlof and Robert Shiller wrote this easy-to-read and easy-to-understand book that critiques traditional economics (e.g. it’s dependence on “rational” actors) and dissects the building blocks one needs to know to grasp the ins and outs of economic cycles.

Importantly, they explain why people continue to believe they can make a fortune by investing at the top of the market (the confidence multiplier and contagion). Their book leads the reader through the basics on how bubbles (irrational exuberance) and panics ensue… show more.

This book adds the international dimension to the Neoliberal story. Gindin and Panitch argue that the U.S. national state and “American MNCs” found key allies abroad among many dominant groups, as various state elites and dominant class fractions worldwide stood to gain through neoliberal reforms. The authors argue that supranational organizations developed largely along U.S. strategic lines. They explain for example how U.S. representatives hold inordinate influence through supranational forums such as the Bank for International Settlements, the World Trade Organization, and the International Monetary Fund. Furthermore, legal reforms (with U.S. support) have been made in many countries to limit the influence that voters have on economic policy with, for example, the de-politicization of trade policy. This is the story we tell for the U.S. writ large.

Mazzucato’s timely book offers a hopeful look into the possibilities for companies, governments, and civil society to work together to solve the world’s grand challenges. Inspired by the original moonshot program that mobilized the public and private sectors on a massive scale to take risks and experiment with innovative solutions to a previously unsolved problem, she pushes all of us to think boldly about the possibilities for transformative change. To do so, we’ll need to bust myths that impede progress such as the idea that businesses are the only entities that create value and governments are only there to de-risk and address market failures.

The increasingly popular ideas that governments need to run like businesses and save taxpayer money by outsourcing actually strip public policymakers of the tools they need to spur innovation. With examples of a Green New Deal, accessible health care, and narrowing the digital divide, Mission Economy… show more.

My view of markets has been heavily influenced by my colleague from the Sociology Department downstairs, Neil Fligstein.

He follows Polanyi in posing a direct challenge to the basic assumptions of economics. He argues that firms seek stability, not necessarily profit maximization. That is, they want to stabilize prices and keep the firm intact.

He also brings power to the center of his view of markets. Incumbent firms engage in power struggles. They use business strategies, like collusion, and political strategies, like lobbying for favorable regulations, to insulate themselves from disruptive competition.

This book provides a linkage between Marx’s time and contemporary capitalism through an in-depth study of scientific management or Taylorism. Braverman shows that the essence of Taylorism, the capture, by capital, of the worker’s skills and knowledge, is a necessary precondition for automation. Automation, Braverman reveals, is not simply a technical process, but a deeply social one. 

This is a defence of Smith's continuing relevance. It combines an overview of Smith's life and writings together with an assessment of his long-term and enduring contribution.

What is distinctive is that second-half of the book takes up Smith's ideas thematically and analyses them in the light of contemporary issues. Norman's judgment is that mainstream academic discussion of 'economics' is too self-absorbed and would be improved by heeding Smith's inclusive insights. Impressively what could have been a heavy read is conveyed in a readable, accessible style.