Can the concept of "Spiritual Capital" actually ensure a company's success?
Critics of capitalism view big businesses as insatiable masters of the universe that hold little regard for the public, and label those who create wealth as greedy, malicious, and unscrupulous. In this insightful and original book, Theodore Roosevelt Malloch answers these charges head-on with the bold idea that the creation of wealth by virtuous means is the most important thing we can do for ourselves and for others.
Doing Virtuous Business explains the true purpose of business and illuminates the connection between a free economy and religious liberty. Drawing from the notion of "social capital" that has been developed by generations of scholars, Malloch adds the concept of "spiritual capital" as a foundation for social progress and also a necessity for responsible and successful enterprise. He details the virtues that sustain a business and a free market—virtues that build up a network of trust, which is critical to the emerging global economy.
Besides making the world a better place, Malloch argues, virtuous enterprise makes companies far more successful and profitable than they otherwise would be. He presents case studies of virtuous business in the Judeo-Christian tradition as well as statistical analysis demonstrating how companies that operate on ethical models have outperformed their competitors over the long run.
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"Every CEO should [listen to] this book and regain the moral energy to lead both their firms and the global economy."
— Lawrence Kudlow, Host CNBC's Kudlow & Company
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Theodore Malloch is chairman and CEO of the Roosevelt Group, a strategy firm, and research professor at Yale University, where he heads the Spiritual Capital Initiative. He was vice president for all national programs for the Aspen Institute and served on the Executive Board of the World Economic Forum. He has held an ambassadorial-level position at the United Nations and senior policy positions at the US Senate Committee on Foreign Relations and the US Department of State.
Pete Larkin has narrated dozens of audiobook titles, won five Earphones Awards, and been a finalist in 2012 for the prestigious Audie Award for best narration. He has been praised for his expert ability to speak in multiple accents. He is also an on-camera host and accomplished voice-over artist for hundreds of commercials and promos for a variety of companies, corporations, and governmental agencies. He was the public address announcer for the New York Mets and has worked as a radio jockey in New York, Baltimore, and Washington, DC.