Le capitalisme unijambiste

In the United States and in Europe, increasing numbers of business executives are on trial, accused of fraud or, more precisely, of having artificially inflated the value of their stocks and having thereby betrayed the trust of their partners.
Drawing from a study carried out by Futuribles, André-Yves Portnoff points out that one of the principal responsibilities of senior executives should be to maintain a balance between the interests of shareholders and those of the other groups concerned: customers, workforce, suppliers, etc. He stresses how much capitalism is likely to suffer as a result of these practices, which are motivated solely by the lure of short-term financial gain, and of a lack of a collective moral stance which would sustain values that are far more important for business performance in the medium and long term.