Changing the rules

It is up to each one of us to be our own heroes and demand corporations adhere to responsible conduct.


How many times have I been at academic symposia, street demonstrations or in classrooms and been told that “capitalism is in crisis” or that “capitalism is the devil’s work” or “capitalism is incompatible with equality”? Obversely, there is often an extreme reaction against this attack on capitalism. Most of the discussions are in reality discussions of political economy and not lambasting the idea of capitalism. Also many of the current discussions in the 21st century about capitalism are discussions about supraterritorial corporations and/or banking.

Malcolm McIntosh

Malcolm McIntosh is adjunct professor at Griffith Business School in Queensland, Australia and professor extraordinaire at Stellenbosch University, South Africa. He is also a fellow of the Royal Society for Arts, Manufacture and Commerce, founding editor of the Journal of Corporate Citizenship and founding director of the Asia Pacific Centre for Sustainable Enterprise at Griffith Business School as well as of the Applied Research Centre for Human Security at Coventry University, UK. This article is adapted from Thinking The Twenty-First Century: ideas for the new political economy, published in 2015 by Greenleaf Publishing.