{"product_id":"taming-the-octopus-by-kyle-edward-williams-9780393867237","title":"Taming the Octopus","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eRecent controversies around ESG investing and \"woke\" capital evoke an old idea: the Progressive-era vision of a socially responsible corporation. By midcentury, in fact, the notion that business leaders could benefit society had become a consensus view. But as Kyle Edward Williams's brilliant history shows, New Deal liberalism realised a kind of big business supervision narrowly focused on the financial interests of shareholders.\u003c\/p\u003e\n\n\u003cp\u003eThis inadvertently laid the groundwork for a set of fringe views to become orthodoxy: that market forces should rule every facet of society. Along the way, American capitalism itself was reshaped, stripping businesses to their profit-making core.\u003c\/p\u003e\n\n\u003cp\u003eAs a rising tide of activists pushed corporations to account for societal harms from napalm to seatbelts to inequitable hiring, a new idea emerged: that managers could maximise value for society while still turning a maximal profit. This elusive ideal, \"stakeholder capitalism,\" still dominates our headlines today.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eTaming the Octopus\u003c\/em\u003e offers a necessary history that equips us to reconsider democracy’s tangled relationship with capitalism.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":46854888358124,"sku":"9780393867237","price":56.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/70fdaddcdcfacffd735d51285421cbc6.jpg?v=1759263653","url":"https:\/\/bookhero.co.nz\/products\/taming-the-octopus-by-kyle-edward-williams-9780393867237","provider":"Book Hero","version":"1.0","type":"link"}