Are Companies More Powerful Than Countries? How the Roles of Business & Government Will Merge in the Future
In 2008, when the financial crisis and global recession began, the conventional wisdom was that we were entering an era in which government would take back power from business. In fact, just the opposite has happened and while global businesses find themselves under siege over issues like tax optimization, trade, and job creation, they have been presented with a huge opportunity. How can corporate leaders and organizations leverage their balance sheets and talents in areas like education, vocational training, information technology, urban planning, and energy efficiency? Rana Foroohar sketches ways that the world’s most creative companies are taking on jobs that used to be part of the public sector and the risks and potential rewards that come with it.
As Global Business Columnist and Associate Editor of The Financial Times, Rana Foroohar shares her insights about the shifts occurring in globalization and the political economy. Formerly Economics Columnist and Assisting Managing Editor for TIME, Foroohar has written extensively on China and the next global recession, Europe’s economic crisis and what the rise of “localnomics” means for American business. Her book, Makers and Takers: The Rise of Finance and the Fall of American Business was a finalist for the 2016 FT & McKinsey Business Book of the Year Award. Foroohar is the recipient of awards and fellowships from institutions such as the Johns Hopkins School of International Affairs and the East West Center.