The black sheep of history

Article Abstract:

Capitalism has expanded dramatically over recent years, and now around 90% of the world's population lives in a fully operating market economy. This rapid expansion has also served to highlight some of the negative aspects of the market system. These include unemployment, a widening gap between rich and poor and declining real pay rates. This has prompted some observers to question whether capitalism has a real future. It is probably more appropriate to be concerned about political failure than about the failure of capitalism.

Economic aspects, Capitalism

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When brains are your business

Article Abstract:

Many companies find that intellectual capital, rather than physical capital, is becoming the most important element in their business, but are uncertain about the best way to manage this resource. Some put a lot of effort into nurturing and rewarding their most promising employees, while others are looking to develop more collaborative forms of management. It remains uncertain which is the best form of corporate ownership for companies with a heavy reliance on intellectual capital.

Methods, Column, Human resource management

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Small firms nurture big brains

Article Abstract:

Intellectual capital is now rated as part of a company's assets. One Swedish insurance group has produced an annual report detailing its intellectual capital. Agencies, as for the performing arts, would seem to be spreading into people-industries, thereby allowing individuals to market themselves through a broker. If the large companies wish to retain their intellectual capital, they will have to pay the market price.

Management Recruitment, Marketing, Employee recruitment, Managers, Intellectuals, Human capital, Commercial agents

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