Prosperity Book Summary

In 'Prosperity', Colin P. Mayer challenges conventional notions of corporate success and profit-driven economies. He presents a visionary approach that prioritizes the long-term benefits for society, the environment, and businesses themselves. Mayer explores how companies can create real value beyond mere financial gain, advocating for a shift in corporate purpose and governance. Through compelling examples and thought-provoking insights, he argues that true prosperity is achievable through responsible and sustainable practices. This book invites readers to rethink what it means to thrive in today's world.

By Colin P. Mayer

Published: 2018

""True prosperity is not merely about wealth accumulation; it encompasses the well-being of society and the sustainability of our planet.""

ProsperityBook binding

Start Listening to Book Summary

0:000:00

Book Review of Prosperity

What is business for? On day one of a business course, students learn that the purpose of business is maximizing shareholder profit. This single idea pervades thinking and teaching about business around the world - but it is fundamentally wrong, according to the author of this book. This idea has had disastrous and damaging consequences for economies, the environment, politics, and societies. In this book, the author challenges the fundamentals of business thinking by proposing a new agenda for establishing the corporation as a force for promoting economic and social wellbeing in its fullest sense - for customers and communities. The author presents a prescription for improving corporations, their ownership, governance, finance, and regulation. Drawing insights from business, law, economics, science, philosophy, and history, the author demonstrates how the corporation can realize its full potential to contribute to the economic and social wellbeing of the many, not just the few.

Book Overview of Prosperity

About the Book Author

C

Colin P. Mayer

Colin P. Mayer is a distinguished author and professor known for his contributions to the fields of management and economics. He is the author of notable works such as 'Firm Commitment: Why the Corporation is failing us and how to restore trust in it' and 'Prosperity: Better Business Makes the Greater Good.' Mayer's writing is characterized by a blend of academic rigor and accessible language, making complex economic ideas understandable to a broad audience. His insights into corporate governance and the role of business in society are widely recognized, influencing both scholars and practitioners alike.

Book Details

Key information about the book.

Authors
Colin P. Mayer
Published
January 2018
Publisher
Oxford University Press, USA
ISBN
0198824009
Language
English
Pages
286
Genres
Social Justice MovementsSustainable InvestingCorporate StrategyBusiness and Economics

Purchase Options

Amazon logoBuy on Amazon
BookShop logoBuy via BookShop

Support local bookstores: BookShop gives a portion of each sale to independent bookshops!

Similar books you might like →

Good to GreatBook binding

Good to Great Book Summary

In 'Good to Great', Jim Collins explores what it takes for companies to surpass mediocrity and achieve enduring greatness. Through rigorous research, he identifies key principles that distinguish successful businesses from their less successful counterparts. The book introduces the concept of the "Hedgehog Concept" — a simple, yet profound idea that lies at the heart of each great organization's success. Readers will be fascinated by the surprising findings on leadership, discipline, and cultural alignment that drive greatness. This insightful guide challenges conventional wisdom and offers transformative lessons that can be applied to any endeavor.

Good to Great
Jim Collins
The Everything StoreBook binding

The Everything Store Book Summary

In "The Everything Store," Brad Stone takes readers on an enthralling journey through the rise of Amazon and its enigmatic founder, Jeff Bezos. The book unveils the audacious vision that transformed a humble online bookstore into a global retail powerhouse. Through fascinating anecdotes and behind-the-scenes insights, Stone reveals the fierce ambition and relentless innovation that drive Bezos and his groundbreaking company. As the narrative unfolds, readers will discover the challenges and ethical dilemmas faced by Amazon in its quest for dominance. This gripping account will leave you questioning the true cost of convenience in our modern world.

The Everything Store
Brad Stone
Blue Ocean ShiftBook binding

Blue Ocean Shift Book Summary

In "Blue Ocean Shift," W. Chan Kim and Renée Mauborgne unveil a groundbreaking strategy for businesses to escape the fierce competition of saturated markets. They introduce the concept of creating "blue oceans"—untapped markets ripe for innovation and growth. Through compelling case studies and practical tools, the authors guide readers on how to shift from a crowded space to a serene ocean of opportunity. This transformative approach empowers organizations to reimagine their future, fostering creativity and collaboration. Dive into this essential read and discover how to chart your own course to success in uncharted waters!

Blue Ocean Shift
W. Chan Kim, Renee Mauborgne
Steal Like an ArtistBook binding

Steal Like an Artist Book Summary

In 'Steal Like an Artist,' Austin Kleon unveils the unconventional art of borrowing ideas, encouraging readers to embrace creativity by stealing from the world around them. He argues that all creativity is derived from influence, and shares ten transformative principles to unlock your creative potential. Through witty anecdotes and practical advice, Kleon inspires you to find your own voice while respecting the influences that shape you. This isn't just a book for artists; it's a manifesto for anyone seeking to break free from the confines of originality. Discover how to turn your unique experiences into a masterpiece by learning to remix and reinvent!

Steal Like an Artist
Austin Kleon
Built to LastBook binding

Built to Last Book Summary

In 'Built to Last,' Jim Collins and Jerry I. Porras unveil the secrets behind the enduring success of visionary companies. Through thorough research and compelling anecdotes, they identify key characteristics that distinguish these organizations from their competitors. The authors challenge traditional business thinking and reveal how a solid foundation of core values can drive long-term profitability and resilience. Readers are invited to explore how these principles can be applied to both businesses and personal endeavors. Prepare to rethink everything you know about entrepreneurial longevity!

Built to Last
Jim Collins, Jerry I. Porras
I Love Capitalism!Book binding

I Love Capitalism! Book Summary

In 'I Love Capitalism!', billionaire Ken Langone shares his inspiring journey from humble beginnings to Wall Street success, emphasizing the American Dream's potential for anyone willing to work hard. With a candid narrative filled with personal anecdotes, he explores the transformative power of capitalism and the importance of giving back. Langone's passion for entrepreneurship and belief in self-made success are infectious, sparking a newfound appreciation for the system that built his fortune. The book acts as a rallying cry for those disillusioned with financial success, showing how determination and resilience can lead to incredible achievements. Are you ready to be motivated by a tale that celebrates risk-taking, rewards, and the spirit of innovation?

I Love Capitalism!
Ken Langone
The DipBook binding

The Dip Book Summary

In 'The Dip', Seth Godin explores the critical moments of struggle that can make or break our paths to success. He argues that most people quit when the going gets tough, but those who endure these challenging phases often find great rewards. Godin reveals how to identify the dips worth pushing through and when to strategically quit to save time and energy. This book challenges conventional wisdom about persistence and encourages readers to focus on their unique strengths. Prepare to rethink your approach to challenges and discover the power of strategic quitting!

The Dip
Seth Godin
The Wheel of TimeBook binding

The Wheel of Time Book Summary

No summary available

The Wheel of Time
Carlos Castaneda

Showing 8 of 29 similar books

Take your reading experience to the next level

Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.

Download on the App Store

Similar Book Recommendations →

Satya Nadella's Book Recommendations

Satya Nadella's Book Recommendations

Satya Nadella is the CEO of Microsoft, a position he has held since 2014, significantly transforming the company into a leader in cloud computing and artificial intelligence. Under his leadership, Microsoft's market value has surged, and the company has embraced a more open and innovative culture. Nadella is also the author of "Hit Refresh," a book that explores the principles and strategies behind Microsoft's cultural and technological renaissance. His writings provide insights into leadership, empathy, and the impact of technology on society. Nadella's vision and guidance have positioned Microsoft at the forefront of the tech industry, making him a highly influential figure in modern business and technology discourse.

Business and LeadershipTechnology and FutureArtificial Intelligence
Marc Andreessen's Book Recommendations

Marc Andreessen's Book Recommendations

Marc Andreessen is an American entrepreneur, software engineer, and venture capitalist, best known for co-creating the Mosaic web browser, the first widely-used web browser, and co-founding Netscape. Andreessen is also the co-founder of Andreessen Horowitz, one of Silicon Valley’s most prominent venture capital firms, where he invests in groundbreaking technology companies like Facebook, Airbnb, and Coinbase. He is a thought leader on the impact of technology and innovation, often sharing his views on the future of the internet and startups. His contributions to the development of the web and the tech ecosystem have made him one of the most influential figures in technology.

Technology and FutureBusiness and Leadership
Aaron Levie's Book Recommendations

Aaron Levie's Book Recommendations

Aaron Levie is the co-founder and CEO of Box, a cloud content management platform that revolutionized how businesses manage and collaborate on content. He launched Box in 2005 while still a college student, and the company rapidly grew into a leader in the cloud storage industry. Levie is known for his innovative, forward-thinking approach to enterprise software and for pushing the boundaries of digital transformation. Under his leadership, Box went public in 2015 and continues to evolve with new technologies and partnerships. He is a strong advocate for cloud-first business strategies and frequently shares his insights on the future of work and the digital workplace. Levie is also a prolific speaker and writer, often discussing technology's role in the modern economy. His energetic and witty personality has made him a popular figure in Silicon Valley and beyond.

Business and LeadershipTechnology and Future
Elon Musk's Book Recommendations

Elon Musk's Book Recommendations

Elon Musk is an influential entrepreneur and innovator known for founding and leading several groundbreaking companies, including Tesla, SpaceX, Neuralink, and The Boring Company. He has played a pivotal role in advancing electric vehicles, space exploration, and renewable energy. Musk's vision extends to colonizing Mars and reducing the risk of human extinction through space travel. In addition to his technological contributions, he has co-authored the book "Spacex: Making Commercial Spaceflight a Reality," providing insights into his ambitious projects and vision for the future. Musk's relentless pursuit of innovation continues to shape the trajectory of multiple industries.

Business and LeadershipTechnology and FutureInspiring Reads
Bill Gates's Book Recommendations

Bill Gates's Book Recommendations

Bill Gates, co-founder of Microsoft Corporation, is a pioneering figure in the tech industry, having played a key role in the personal computer revolution. His work at Microsoft, particularly the development of Windows, transformed software and computing globally. Beyond his technology contributions, Gates is also a prolific author, with notable works such as "The Road Ahead" and "Business @ the Speed of Thought," which offer insights into the future of technology and business. Additionally, his philanthropic efforts through the Bill & Melinda Gates Foundation have had a profound impact on global health, education, and poverty. Gates continues to influence both technology and literature with his forward-thinking perspectives and innovative ideas.

Business and LeadershipTechnology and FutureInspiring ReadsMemoirs and Biographies
Ashton Kutcher's Book Recommendations

Ashton Kutcher's Book Recommendations

Ashton Kutcher is an accomplished actor, producer, and entrepreneur best known for his roles in popular television series such as "That '70s Show" and "Two and a Half Men." While not primarily recognized for contributions to literature, Kutcher has significantly impacted the tech industry through his venture capital firm, A-Grade Investments, which has funded successful startups like Airbnb and Uber. Additionally, he co-founded the media company Katalyst, which has produced various digital content. Kutcher is also an active philanthropist, co-founding the DNA Foundation, now known as Thorn, which focuses on combating human trafficking and the sexual exploitation of children. His diverse ventures reflect a commitment to innovation, social good, and entertainment.

Media and Pop CultureBusiness and LeadershipInspiring ReadsActivist
Mark Cuban's Book Recommendations

Mark Cuban's Book Recommendations

Mark Cuban is an American entrepreneur, investor, and television personality, best known as the owner of the NBA's Dallas Mavericks and a "shark" on the TV show "Shark Tank." While he is primarily recognized for his business acumen, Cuban is also an author, having written the book "How to Win at the Sport of Business," which provides insights into his journey and strategies for success. His contributions to literature focus on imparting practical business advice and sharing his experiences as a self-made billionaire. Cuban's writing is praised for its straightforward, no-nonsense approach, making complex business concepts accessible to a broad audience. Through his book and numerous articles, he continues to inspire aspiring entrepreneurs worldwide.

Business and LeadershipInspiring ReadsSuccess Stories and Life Lessons
Kara Swisher's Book Recommendations

Kara Swisher's Book Recommendations

Kara Swisher is an American journalist, podcaster, and one of the most influential voices in tech reporting. She co-founded Recode and co-hosts the Pivot podcast, where she covers the intersection of technology, business, and politics. Swisher is known for her sharp insights and fearless interviews with some of the biggest names in Silicon Valley. She has been a longtime commentator on tech's impact on society and is often called upon for her critical analysis of industry giants like Facebook, Google, and Amazon. Swisher continues to be a leading figure in tech journalism, influencing both public discourse and policy conversations.

Technology and FuturePoliticsMedia and Pop Culture

Showing 8 of 11 related collections

"True prosperity is not merely about wealth accumulation; it encompasses the well-being of society and the sustainability of our planet."

Prosperity

By Colin P. Mayer

Frequently Asked Questions