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Old Wine in Old Skins: The Challenges for Modern Management

  • Friedrich Glauner
Chapter
Part of the SpringerBriefs in Business book series (BRIEFSBUSINESS)

Abstract

Our modern forms of venturing lead into the ‘paradox of destructive wealth creation’. It consists in the fact that our individually rational and, in itself, highly successful economic behaviours lead, on the group level and the level of the whole system, to an outcome which places the social, ecological, and economic sources of this wealth creation process in existential jeopardy. This development demands a new type of economic viability, in which enterprises break with the mental patterns and the shackles of thinking in terms of scarcity, profit, competition, and growth. To this end they must adapt to the principle of the awareness economy is the active creation of resource and value-adding cycles of participation that fuel holistic, multi-dimensional value creation on all levels, from individual people to companies and entire societies to nature itself. The sum total of all of the transactions between the individual participants will create new and more resources on all of these levels than were consumed to that end. The end result is a natural, multi-dimensional resource creation process that feeds, grows, diversifies, and unfolds the system as a whole.

Keywords

Viability Mental models Systems Behaviour Rationality Depletion Disruption Externalization Concentration Paradox of destructive wealth creation 

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Copyright information

© The Author(s), under exclusive license to Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Friedrich Glauner
    • 1
    • 2
  1. 1.Cultural ImagesGrafenaschauGermany
  2. 2.Weltethos Institut/Global Ethic InstituteEberhard Karls Universität TübingenTübingenGermany

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