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"Practices that benefit employees, communities, and the environment aren't just good deeds - they're good business decisions that have a direct and lasting impact on the bottom line. Moreover, consumers are beginning to factor the way a company does business into their purchasing decisions. Companies across the nation, whether they make ice cream or engine blocks, are recognizing that in order to create and sustain economic opportunity and reap the...
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In Trust, a sweeping assessment of the emerging global economic order "after History," Fukuyama examines a wide range of national cultures in order to divine the hidden principles that make a good and prosperous society, and his findings strongly challenge the orthodoxies of both left and right. In fact, economic life is pervaded by culture and depends, Fukuyama maintains, on moral bonds of social trust. This is the unspoken, unwritten bond between...
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"Putnam's work shows how social bonds are the most powerful predictor of life satisfaction. For example, he reports that getting married is the equivalent of quadrupling your income and attending a club meeting regularly is the equivalent of doubling your income. The loss of social capital is felt in critical ways: Communities with less social capital have lower educational performance and more teen pregnancy, child suicide, low birth weight, and...
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