4min chapter

HBR IdeaCast cover image

What Leaders Need to Know About a Looming Recession – and Other Global Threats

HBR IdeaCast

CHAPTER

What Can Private Companies Do to Weather the Storm?

The Fed and other central banks are not going to be able to bail you out, he says. There is already a backlash against free trade and globalization because the corporate sector is done better than the average worker. We want market-oriented economy, but the state has to provide a wide range of public goods so that those are left behind, they have a safety net.

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