Why ‘Shared Value’ Can’t Fix Capitalism

Steven Denning, Forbes, 20 December 2011

Throughout 2011, Michael Porter, strategy guru extraordinaire, and Mark Kramer have been championing the idea of “shared value” as a way of “fixing capitalism.” It began with their article entitled How To Fix Capitalism in the January 2011 issue of Harvard Business Review (HBR) which headlined the article in vivid red letters as “The Big Idea”…. The real problem with the argument is that “shared value” and “expanded value chains” that include socially worthwhile opportunities have yet to come to terms with the problems afflicting capitalism.

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