Tag: crony capitalism

• February 16, 2015

  Are Business and Society always in Conflict?

  

  Communities are Conservative, Business is Progressive There is an inherent conflict between communities and companies.  Communities (family, neighbourhood, tradition) try to maintain stability.  Companies are driven by the nature of the capitalism market system to innovate and change. (See Schumpeter’s “creative destruction” on wikipedia) . Stability vs Destruction Companies close their factories and replace deeply experienced craft…