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  • All HBS Web  (230)
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    • News  (95)
    • Research  (120)
    • Events  (1)
  • Faculty Publications  (24)

Show Results For

  • All HBS Web  (230)
    • People  (1)
    • News  (95)
    • Research  (120)
    • Events  (1)
  • Faculty Publications  (24)
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  • Research Summary

Renovating Democratic Capitalism

By: Malcolm S. Salter

This in-process work focuses on how best to address the declining public trust and confidence in democratic capitalism, which many citizens consider to be a cornerstone of our national ideology and identity? While the answer to this question is not entirely clear, I... View Details

  • 2010
  • Book

Wealth and Justice: The Morality of Democratic Capitalism

By: Peter Wehner and Arthur C. Brooks
Popular opinion would have us believe that America's free market system is driven by greed and materialism, resulting in gross inequalities of wealth, destruction of the environment, and other social ills. Even proponents of capitalism often refer to the free market as... View Details
Keywords: Capitalism; Economic Systems; Ethics; Moral Sensibility
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Wehner, Peter, and Arthur C. Brooks. Wealth and Justice: The Morality of Democratic Capitalism. Washington, DC: AEI Press, 2010.
  • 2022
  • Book

Democratize Work: The Case for Reorganizing the Economy

By: Isabelle Ferreras, Julie Battilana and Dominique Méda
What happens to a society—and a planet—when capitalism outgrows democracy? The tensions between democracy and capitalism are longstanding, and they have been laid bare by the social effects of COVID-19. The narrative of “essential workers” has provided thin cover for... View Details
Keywords: Democratic Capitalism; Essential Workers; Sustainability; Equality and Inequality; Climate Change; Social Issues
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Ferreras, Isabelle, Julie Battilana, and Dominique Méda, eds. Democratize Work: The Case for Reorganizing the Economy. Chicago: University of Chicago Press, 2022.
  • 08 Dec 2014
  • News

Democratic Capitalism Needs Design Thinking

Keywords: design process; public policy; government innovation; government legislation; education; infrastructure; healthcare; Government

    The Fading Light of Democratic Capitalism (Cambridge University Press, 2024)

    What are we to do about declining public trust and confidence in democratic capitalism, which many citizens consider a cornerstone of our national ideology and identity? In this short book, I address how we can rekindle the fading light of democratic capitalism as... View Details

    • 24 Jul 2024
    • News

    Commentary: AI Can Democratize Venture Capital Access

    • 2024
    • Working Paper

    The Fading Light of Democratic Capitalism: How Pervasive Cronyism and Restricted Suffrage Are Destroying Democratic Capitalism as a National Ideal…and What to Do about It

    By: Malcolm S. Salter
    What are we to do about declining public trust and confidence in democratic capitalism, which many citizens consider a cornerstone of our national ideology and identity? While the answer is not entirely clear, I argue in this essay that any effort aimed at restoring... View Details
    Keywords: Government Administration; Economic Systems; Trust; United States
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    Salter, Malcolm S. "The Fading Light of Democratic Capitalism: How Pervasive Cronyism and Restricted Suffrage Are Destroying Democratic Capitalism as a National Ideal…and What to Do about It." Harvard Business School Working Paper, No. 24-062, March 2024.
    • 2024
    • Book

    The Fading Light of Democratic Capitalism: How Pervasive Cronyism and Restricted Suffrage Are Destroying Democratic Capitalism as a National Ideal ... And What to Do About It

    By: Malcolm S. Salter
    What are we to do about declining public trust and confidence in democratic capitalism, which many citizens consider a cornerstone of our national ideology and identity? In this book, I address how we can rekindle the fading light of democratic capitalism as an... View Details
    Keywords: Government and Politics; Power and Influence; Economic Systems; Culture
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    Salter, Malcolm S. The Fading Light of Democratic Capitalism: How Pervasive Cronyism and Restricted Suffrage Are Destroying Democratic Capitalism as a National Ideal ... And What to Do About It. Cambridge Elements, Elements in Reinventing Capitalism. Cambridge University Press, 2024.
    • 01 Dec 2018
    • News

    Democratizing Funding, Diversifying Funders

    transparent spirit of Kickstarter with the rigors of Securities and Exchange Commission oversight. The world of so-called equity crowdfunding holds the promise of democratizing both ends of the earlystage investment game, its advocates... View Details
    Keywords: Sasha Issenberg
    • 2006
    • Working Paper

    Democratizing Entry: Banking Deregulations, Financing Constraints, and Entrepreneurship

    By: William R. Kerr and Ramana Nanda
    We examine entrepreneurship and creative destruction following US banking deregulations using Census Bureau data. US banking reforms brought about exceptional growth in both entrepreneurship and business closures. The vast majority of closures, however, were the new... View Details
    Keywords: Business Exit or Shutdown; Market Entry and Exit; Capital Markets; Entrepreneurship; Outcome or Result; Business Startups; Banks and Banking; Banking Industry; United States
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    Kerr, William R., and Ramana Nanda. "Democratizing Entry: Banking Deregulations, Financing Constraints, and Entrepreneurship." Harvard Business School Working Paper, No. 07-033, December 2006. (Revised July 2007, December 2007, October 2008, December 2008.)
    • 2020
    • Book

    American Business History: A Very Short Introduction

    By: Walter Friedman
    By the early twentieth century, it became common to describe the United States as a "business civilization." President Coolidge in 1925 said, "The chief business of the American people is business." More recently, historian Sven Beckert characterized Henry Ford's... View Details
    Keywords: American Economy; Democratic Capitalism; Business History; Economy; Entrepreneurship; United States
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    Friedman, Walter. American Business History: A Very Short Introduction. New York: Oxford University Press, 2020.
    • 27 Mar 2014
    • News

    Be Strategic, Not Democratic

    Keywords: corporate innovation; innovation strategy
    • 01 Mar 2018
    • News

    Democratizing Data to Favor Farmers

    contributing their data to the network. Funded by $193 million in venture capital funds—$110 million of that coming in a Series D round in December—the company has 225 employees, split between a Silicon Valley analytics team and a Sioux... View Details
    Keywords: Sasha Issenberg
    • Research Summary

    The Fading Light of Democratic Capitalism: How Pervasive Cronyism and Restricted Suffrage Are Destroying Democratic Capitalism as a National Ideal…...and What to Do about It

    By: Malcolm S. Salter
    (forthcoming) View Details
    • October 2009
    • Article

    Democratizing Entry: Banking Deregulations, Financing Constraints, and Entrepreneurship

    By: William R. Kerr and Ramana Nanda
    We examine entrepreneurship and creative destruction following US banking deregulations using Census Bureau data. US banking reforms brought about exceptional growth in both entrepreneurship and business closures. Most of the closures, however, were the new ventures... View Details
    Keywords: Entrepreneurship; Governing Rules, Regulations, and Reforms; Market Entry and Exit; Capital Markets; Banks and Banking; Growth and Development; Disruptive Innovation
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    Kerr, William R., and Ramana Nanda. "Democratizing Entry: Banking Deregulations, Financing Constraints, and Entrepreneurship." Journal of Financial Economics 94, no. 1 (October 2009): 124–149.
    • Article

    Big Other: Surveillance Capitalism and the Prospects of an Information Civilization

    By: Shoshana Zuboff
    This article describes an emergent logic of accumulation in the networked sphere, 'surveillance capitalism,' and considers its implications for 'information civilization.' The institutionalizing practices and operational assumptions of Google Inc. are the... View Details
    Keywords: Surveillance Capitalism; Big Data; Google; Information Society; Privacy; Internet Of Everything; Rights; Economic Systems; Analytics and Data Science; Internet and the Web; Ethics
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    Zuboff, Shoshana. "Big Other: Surveillance Capitalism and the Prospects of an Information Civilization." Journal of Information Technology 30, no. 1 (March 2015): 75–89.
    • 06 May 2019
    • News

    Forget Socialism. The U.S. Needs Responsible Capitalism

    • 01 Jun 2006
    • News

    A Capital Asset

    1988 Democratic presidential nomination. When Babbitt became Secretary of the Interior in the first Clinton administration, he asked Cohen to be his Assistant Secretary for Policy, Management, and Budget. In this role, she significantly... View Details
    Keywords: Garry Emmons; Executive, Legislative, and Other General Government Support; Government
    • 01 Aug 2008
    • Research & Ideas

    Does Market Capitalism Have a Future?

    won the Cold War. Doesn't capitalism reign supreme in the 21st century? Looking forward, we certainly can see challenges that will have to be met. So on the occasion of the School's Centennial, we felt it was appropriate to try to... View Details
    Keywords: by Garry Emmons
    • 12 Jun 2020
    • News

    Six Experts on How Capitalism Will Emerge after COVID-19

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