Accounting and Control

Inequality, Economism and Bad Management

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The past decades have shown an increase in inequality, measured in economic terms that affect all the society, that create unfair increasing differences between the welfare of the richest and the poorest, being even worse as it includes the employed citizens. We will show how the economies of the Western World have evolved since World War II in a way that applying their economic theory into real-world's economies and management practices, have generated these existing social problems. We went to the existing academic literature in management and justice to discuss in more depth the existing problems. Finally, we put forward some proposals in terms of management and justice that should be incorporated in companies and organizations to help solving the problems and generate improvements for the actual unrest and the existing divided society.
Bibliographic citation: CUGUERÓ-ESCOFET, N., ROSANAS J. M., J. M. (2021). Inequality, Economism and Bad Management (WP-1306-E). Barcelona: IESE.
Date: 01/11/2021
Author(s): Natàlia Cugueró-Escofet; Josep Maria Rosanas
Document type: Working Paper
Department: Accounting and Control
Languages: English