Capitalism Will Eat Itself

Before I started working in Japan, I made a pledge to continue writing this blog. It's been a long time since I last posted, but I'm back.

Work has been taking up a lot of my time and energy and whilst I have been finding my new job quite satisfying in some respects, I haven't forgotten the thoughts that drove me to first create this blog.

Now that the novelty of a new role has begun to wear off, I've been thinking more about the future, for the industry and for myself.

Then I came across this perfect illustration of the marketing will eat itself principle in Management Today, the perfect cue for me to start posting again:

Consider: three years after the Great Crash there is still no recovery in sight. Indeed, savage cuts administered by 'advanced' economies to slash deficits incurred to save the banks are bringing citizens onto the streets. The euro is in crisis. The increasing incidence and severity of financial crashes, lurid accounts of corporate wrongdoing, unsustainable inequalities, increasingly volatile commodity prices and the plunging reputation of business all point in one direction. US-style capitalism, sums up Roger Martin, dean of Toronto's Rotman School of Management and author of Fixing the Game, a forceful critique of today's state of play, is in danger of rotting out its moral core and destroying itself from within.