Global capitalism now stands at a crossroads

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Stuart Hall, author of Capitalism at the Crossroads (2007). Hall cautions, “Global capitalism now stands at a crossroads: Without a significant change of course, the future … appears increasingly bleak…. Failure to address the challenges we face — from global-scale environmental change, to mass poverty, to international terrorism — could produce catastrophe on an even grander scale than that experienced in the first half of the twentieth century: Constructively engaging these challenges thus holds the key to ensuring that capitalism continues to thrive in the coming century — to everyone's benefit …. By creating a new more inclusive brand of capitalism, one that incorporates previously excluded voices, concerns, and interests, the corporate sector could become the catalyst for a truly sustainable form of global development — and prosper in the process. 1. Using the reference above by Hall, apply his thoughts to what businesses could do to address Climate Change. In addition, explain WHY they should in a Capitalistic system. Use his words as your reference.

Reference no: EM131631377

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