A recent blog post by Wally Patawaran, published in The Alef Field, a publication of the Alef Trust, explores the challenges and opportunities of systems thinking in philanthropy. The piece references the work of AIRnet researchers William Lazonick and Antonio Andreoni, highlighting the need for a new baseline that shifts away from the narrow focus on financial returns and embraces a broader perspective encompassing the full spectrum of stakeholder interests.
Read the full article here: https://thefield.aleftrust.org/toward-a-new-baseline-for-systems-thinking-in-philanthropy/
To learn more about Lazonick’s research and perspective on stakeholder capitalism see:
“The Scourge of Corporate Financialization: Income Inequity, Employment Instability, Productive Fragility” and “Investing in Innovation: Confronting Predatory Value Extraction in the U.S. Corporation“