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Accountable  By  cover art

Accountable

By: Michael O'Leary, Warren Valdmanis
Narrated by: Joe Knezevich
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Publisher's summary

“More than ever before, this is the book our economy needs.” (Dr. Rajiv Shah, president of the Rockefeller Foundation)

“Unwilling to settle for easy answers or superficial changes, O’Leary and Valdmanis push us all to ask more of our economic system.” (Senator Michael F. Bennet)

This provocative book takes us inside the fight to save capitalism from itself.

Corporations are broken, reflecting no purpose deeper than profit. But the tools we are relying on to fix them - corporate social responsibility, divestment, impact investing, and government control - risk making our problems worse.

With lively storytelling and careful analysis, O’Leary and Valdmanis cut through the tired dogma of current economic thinking to reveal a hopeful truth: If we can make our corporations accountable to a deeper purpose, we can make capitalism both prosperous and good.

What happens when the sustainability-driven CEO of Unilever takes on the efficiency-obsessed Warren Buffett? Does Kellogg’s - a company founded to serve a healthy breakfast - have a sacred duty to sell sugary cereal if that’s what maximizes profit? For decades, government has tried to curb CEO pay but failed. Why? Can Harvard students force the university to divest from oil and gas? Does it even matter if they do?

O’Leary and Valdmanis, two iconoclastic investors, take us on a fast-paced insider’s journey that will change the way we look at corporations. Likely to spark controversy among cynics and dreamers alike, this book is essential listening for anyone with a stake in reforming capitalism - which means all of us.

©2020 Michael O'Leary and Warren Valdmanis (P)2020 HarperCollins Publishers

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Optimistic/realistic take on how we can do better

I found the pacing of the book to be terrific and the content to be even better. Introduced to new concepts in the "impact investing" world and wonderful arguments on what could help capitalism today and in the future.

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mandatory reading

if you plan on earning or spending money, let this book be your driver's manual

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