Six Capitals: The revolution capitalism has to can
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Six Capitals: The Revolution Capitalism Has to Can presents a fundamental reconceptualization of how we measure economic value and corporate success. Rather than the traditional single-metric focus on financial returns, this book argues that sustainable capitalism must account for six distinct forms of capital: financial, manufactured, intellectual, human, social, and natural. The framework challenges conventional business models and accounting practices that have long treated environmental and social resources as externalities.
The author develops this thesis through analysis of how leading organizations are beginning to integrate these six capitals into strategic decision-making and reporting. By recognizing that value creation depends on the health and availability of all six capitals - not merely the extraction of financial gain - businesses can identify new sources of competitive advantage while addressing systemic risks. The work bridges academic economics, corporate governance, and environmental sustainability, offering both theoretical grounding and practical examples of implementation.
This book is essential reading for economists, business leaders, policy makers, and anyone seeking to understand emerging models of value creation and corporate accountability. It provides the conceptual tools needed to evaluate how organizations truly perform when external costs are properly accounted for.
- Introduces the Six Capitals framework as an alternative to traditional financial metrics
- Explores implications for corporate strategy, investment decisions, and policy
- Includes case studies of organizations implementing integrated capital accounting
- Academic treatment of capitalism's evolution in a resource-constrained world
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