Professors Joe Bower, Dutch Leonard, and Lynn Paine
Capitalism at Risk
Drawing on their book, Capitalism at Risk: Rethinking the Role of Business, Professors Bower, Leonard, and
Paine will discuss their perspective and findings about the state of capitalism worldwide.
In Capitalism at Risk, the authors ask: How can the future of
capitalism be secured? And who should spearhead the effort? Many
observers point to government, but Bowers et. al. argue otherwise.
“While they agree that governments must play a role, they maintain that
businesses should lead the way. Indeed, for enterprising companies, the
current threats to market capitalism present vital opportunities.
Drawing on discussions with business leaders around the world, the
authors argue that companies must stop seeing themselves as bystanders
and instead develop innovative business strategies that address the
disruptors, produce profitable growth, and strengthen institutions at
the community, national, and international levels.”
Professor Bower is the Baker Foundation Professor of Business
Administration and has been a leader in general management at HBS for 45
years. He is a graduate of Harvard College and received his MBA and
DBA at Harvard Business School.
Professor Leonard is Eliot I. Snider and Family Professor of Business
Administration at HBS and George F. Baker, Jr. Professor of Public
Sector Management at the John F. Kennedy School of Government.
Professor Paine is the John G. McLean Professor of Business
Administration and a Senior Associate Dean. She received a BA from
Smith College, J.D. from Harvard Law School, and a D.Phil. from Oxford