Jane Gleeson-White: Six Capitals: The Revolution Capitalism Has to Have - or Can Accountants Save the Planet?

Six Capitals: The Revolution Capitalism Has to Have - or Can Accountants Save the Planet?


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This is the story of a 21st century revolution being led by the most unlikely of rebels: accountants. It is only the second revolution in accounting since double-entry bookkeeping emerged in medieval Italy - and it is of seismic proportions, driven by the 2008 financial crash and the environmental crisis. The changes it will wreak are profound and far-reaching. They will transform not only the way the world does business but alter the very nature of corporate capitalism. The accounts of nations and corporations are vital to the 21st century global economy. They translate value into the language of modern times - numbers and money - in the shape of GDP and profit figures. They rule the world. But increasingly the world is coming to realise that the seemingly endless growth that capital offers us is in fact limited by the earth's resources and comes at a huge price to the planet and our own wellbeing. It simply cannot be sustained. This revolution demands that we start accounting for nature and society. It urges us to rethink our idea of capital, insisting that the familiar categories of industrial and financial capital bequeathed by the mercantile and industrial ages be broadened to include four new categories of wealth: intellectual, human, social and natural. Incorporating them into our financial statements and GDP figures could be the only way to address the many crises we face today. Just two years ago this revolution seemed idealistic and unlikely. Today it is unfolding at speed. The sea-change year was 2012, when two key initiatives took root: an international movement to transform corporate accounting, and the rise of natural capital accounting for nations and the global economy. Six Capitals tells the story of their rise to prominence, which signals a new age in capitalism, and evaluates their promise - and their threat. The revolution is here. But will we embrace its potential or deny its urgency? Can accountants save the planet - or will we destroy it for future generations?

Includes an exclusive extra story!" Uh-oh! Little Owl has fallen from his nest and landed with a whump on the ground. Now he is lost, and his mommy is nowhere to be seen! With the earnest help of his new friend Squirrel, Little Owl goes in search of animals that fit his description of Mommy Owl. But while some are big (like a bear) or have pointy ears (like a bunny) or prominent eyes (like a frog), none of them have all the features that make up his mommy. Where could she be? A cast of adorable forest critters in neon-bright hues will engage little readers right up to the story s comforting, gently wry conclusion." From the "New York Times "bestselling author of the sizzling romantic suspense "Love Lies Beneath" In 2011, the International Monetary Fund invited prominent economists and economic policymakers to consider the brave new world of the post-crisis global economy. The result is a book that captures the state of macroeconomic thinking at a transformational moment. Six Capitals: The Revolution Capitalism Has to Have - or Can Accountants Save the Planet? free pdf The crisis and the weak recovery that has followed raise fundamental questions concerning macroeconomics and economic policy. These top economists discuss future directions for monetary policy, fiscal policy, financial regulation, capital-account management, growth strategies, the international monetary system, and the economic models that should underpin thinking about critical policy choices. ContributorsOlivier Blanchard, Ricardo Caballero, Charles Collyns, Arminio Fraga, Mar Gudmundsson, Sri Mulyani Indrawati, Otmar Issing, Olivier Jeanne, Rakesh Mohan, Maurice Obstfeld, Jose Antonio Ocampo, Guillermo Ortiz, Y. V. Reddy, Dani Rodrik, David Romer, Paul Romer, Andrew Sheng, Hyun Song Shin, Parthasarathi Shome, Robert Solow, Michael Spence, Joseph Stiglitz, Adair Turner


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Author: Jane Gleeson-White
Number of Pages: 368 pages
Published Date: 17 Aug 2015
Publisher: Allen & Unwin
Publication Country: St Leonards, Australia
Language: English
ISBN: 9781743319161
Download Link: Click Here
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