Article by Charles Handy exploring the benefits as well as the risks of America's more individualistic, capitalistic culture and Europe's more welfare-oriented society. He concludes that both are deficient in the qualities and policies that the other has. Handy begins the article discussing how Peter Bernstein’s book, Against the Gods, made the bestseller lists in America but has not yet had the same impact in Britain/Europe. Handy goes on to praise the book and describes American society as one conditioned to risk--the upside and the downside of life being both more extreme than in Europe. He then suggests that American society and culture place more of an onus on the individual to make a successful life for themselves in contrast to European societies, which have developed welfare systems to remove--or soften-- much of the dangers that can confront people in modern civilization. Handy contends that both cultures need some of what the other has, and that, in the meantime, Europe’s own institutions should be reformed to make them more amenable to risky ventures.
Handy, Charles B Bernstein, Peter L Management today series Handy, Elizabeth Risk Welfare economics Europe United States Britain and Europe France Capitalism Capital investments Capital productivity Socialism Organizational change G7 Meeting Denver (Colorado) Klondike gold fields Gold rush
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Article by Charles Handy exploring the benefits as well as the risks of America's more individualistic, capitalistic culture and Europe's more welfare-oriented society. Handy concludes that both are deficient in the qualities and policies that that the other has, 1997; Charles Handy Papers; Box 20, Folder 12; 1 page
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