Recommended Book List

The Caux Round Table is offering a selection of pertinent readings for incorporation into the study and teaching of responsible capitalism.  Our recommended books and readings are placed under the categories, General Theory, Seven CRT Principles, Six Stakeholders Constituencies of Business, Principled Business Leadership and Global Poverty. 

Please feel free to email your comments about our selections or titles of books you feel should be included.

1. General Theory - Ethics and Morality

Essays on the Intellectual Powers of Man ; Thomas Reid

Essays on the Active Powers of Man ; Thomas Reid

Between Fact and Norm ; Jurgen Habermas

Philosophy of Right ; G.W.F. Hegel

Moral Man and Immoral Society; Reinhold Niebuhr

Ethical Theory and Business ; Tom L. Beauchamp, Norman E. Bowie

Policies and Persons: A casebook in business ethics ; John B. Mathews, Kenneth E. Goodpaster

Co-Creation and Capitalism ; John Paul II

2. Market Capitalism

An Inquiry into the Wealth of Nations ; Adam Smith

The Crisis of Global Capitalism ; George Soros

The End of History ; Francis Fukuyama

Empire ; Michael Hardt and Antonio Negri

The Democratic Spirit of Capitalism ; Mike Novak

Future of Money ; Bernard Lietaer

3. Social Capital - The Moral Basis for Market Capitalism

The Theory of Moral Sentiments; Adam Smith

Trust ; Francis Fukuyama

The Moral Sense ; James Q. Wilson

The Great Disruption ; Francis Fukuyama

Culture Matters ; Lawrence E. Harrison & Samuel P. Huntington

Civility ; Stephen Carter

The Cultural Contradictions of Capitalism ; Daniel Bell

The Principle of Duty ; David Selbourne

4. The Responsibilities of Businesses: Beyond Shareholders toward Stakeholders - Caux Round Table General Principle 1

Corporation and its Stakeholders ; Max Clarkson

The Definitive Guide to the New Social Standard ; Deborah Leipziger

Beyond the Bottom Line ; Mike Smith

Corporate Culture and Performance ; John Kotter and James Heskett

The Balanced Scorecard ; Robert S. Kaplan, David P. Norton

5. The Economic and Social Impact of Business - Caux Round Table General Principle 2

Corporate Citizenship: Successful Strategies for Responsible Companies ; Deborah Leipziger

The Dignity of Difference ; Jonathan Sacks

The Wealth of Knowledge ; Thomas A. Stewart

Against the Gods: The Remarkable Story of Risk ; Peter L. Bernstein, John Wiley

The Tipping Point ; Malcolm Gladwell

6. Business Behavior: Beyond the Letter of Law Toward a Spirit of Trust - Caux Round Table General Principle 3

The Inspirations of Tao Zhu Gong ; Wee Chou Hou

Trust ; Francis Fukuyama

Building Public Trust ; Samuel A. DiPiazza and Robert Eccles

7. Respect for Rules - Caux Round Table General Principle 4

The History of the Standard Oil Company ; Vol I, II, Ida Tarbell McClure

Business Ethics: Violations of the Public Trust ; Robert F. Hartley

8. Support for Multilateral Trade - Caux Round Table General Principle 5

The Competitive Advantage of Nations ; Michael Porter

A Future Perfect ; John Micklethwait and Adrian Wooldridge

Globalization and its Discontents ; Joseph Stiglitz

9. Respect for the Environment - Caux Round Table General Principle 6

Our Common Future ; World Commission on Environment and Development (Oxford University Press)

10. Avoidance of Illicit Operations - Caux Round Table General Principle 7

Corruption and the Global Economy; Kimberly Ann Elliott

Confronting Corruption: The Elements of a National Integrity System; Jeremy Pope, Transparency International (www.transparency.org)

11. Customers - Stakeholder Constituency

The Six Sigma Evolution ; George Eckes

The Six Sigma Way ; Peter S. Pande, Robert P. Neuman & Ronald R. Cavanagh

Principles of Total Quality ; Vincent K. Omachonu, Joel E. Ross

Total Quality Management ; Stephen George and Arnold Weimerskirch

Marketing: Concepts and Strategy ; Martin L. Bell

12. Employees - Stakeholder Constituency

Principals and Agents : The Structure of Business; John W. Pratt & Richard J. Zeckhauser

100 Million Millionaires ; Sam Beard

Empowering Employees through Delegation ; Robert B. Nelson

The New Partnership; Profit by Bringing out the Best in your People, Customers and Yourself ; Tom Melohn

Bringing out the Best in People: How to apply the astonishing power of positive reinforcement ; Aubrey C. Daniels

The New Bottom Line: people and loyalty in business ; William B. Walton Sr with Mel Lorentzen

Patterns of High Performance : Discovering the ways people work best; Jerry L. Fletcher

The Wisdom of Teams ; Jon R. Katzenback & Douglas K. Smith

The Individualized Corporation; Sumantra Ghoshal

13. Owners/Investors - Stakeholder Constituency

Good to Great ; Jim Collins

Corporate Governance and Chairmanship ; Adrian Cadbury

Built to Last; Successful Habits of Visionary Companies ; Jim Collins

Management ; Peter Drucker

Handbook for Creative and Innovative Managers ; Robert Lawrence Kuhn

Successful Manager’s Handbook ; PDI

In Search of Excellence ; Thomas Peters and Robert Waterman

Why Companies Fail ; Mark Ingebretsen

Valuation ; Tom Copeland, Tim Koller, Jack Murrin

Financial Management ; Eugene Brigham and Michael Ehrhardt

14. Suppliers - Stakeholder Constituency

The Deming Management Method ; Mary Walton

15. Competitors - Stakeholder Constituency

The Change Masters: Innovation for Productivity in the American Corporation; Rosabeth Moss Kanter

Competing for the Future; Gary Hamel and C.K Prahalad

The Free Market Innovation Machine ; William J. Baumol

Corporate Strategy and Product Innovation ; Robert P. Rothberg

Intuition at Work ; Gary Klein

Transcompetition: Moving Beyond Competition and Collaboration ; Harvey Robbins and Michael Finley

16. Communities - Stakeholder Constituency

17. Principled Business Leadership - The Basis for a Moral Capitalism

Awakening the Leader Within ; Kevin Cashman

The Ethical Imperative ; John Dalla Costa

The Lonely Crowd ; David Riesman

Theory and Function of the Executive ; Chester Bernard

Ethics for the New Millenium ; Dalai Lama

Hard like Water- Ethics in Business ; V Di Norcia

The New Bottom Line : Bringing Heart and Soul to Business; Kay Gilley

The Fifth Dimension ; Peter Senge

Integrity ; Stephen Carter

Leadership and the New Physics ; Margaret J. Wheatley

Toward a Psychology of Being : Abraham Maslow

Essays on Moral Development ; Lawrence Kohlberg

The Spirit of Leadership ; Robert Spitzer

Self-Reliance in the Portable Emerson ; Ralph Waldo Emerson

Selected Writings of BenjaminCardozo ; Benjamin Cardozo

Execution: the Discipline of Getting Things Done ; Larry Bossidy

The 7 Habits of Highly Effective People ; Stephen Covey

Leadership and Administration ; Philip Selznick

Authentic Leadership ; William George

18. Global Poverty

Guns, Germs, and Steel ; Jarred Diamond

The Lexus and the Olive Tree ; Thomas Friedman

The Elusive Quest for Growth ; William Easterly

The Widening Gap ; Jody Heymann

19. Economic Growth

The Wealth and Poverty of Nations ; David Landes

The Riddle of the Modern World ; Alan Macfarlane

The Stages of Economic Growth ; W. W. Rostow

Dissent on Development ; PT Bauer

The Achieving Society ; David C. McClelland

20. Rule of Law

The Concept of Law ; H.L.A. Hart

The Law of Nations ; Emmerich de Vattel

Federalist Papers; J. Madison, A. Hamilton, J. Jay

Second Treatise on Government ; John Locke

The Open Society and Its Enemies ; Karl Popper

Political Order and Changing Societies ; Samuel P. Huntington

The Constitution of Liberty ; Friedrick A. Hayek

Cambodia Year Zero ; Francois Ponchaud

The Black Book of Communism: Crimes, Terror and Repression ; Stephanie Courtois, Mark Kramer (trans.), Jonathan Murphy (trans.), Nicolas Werth, Jean Louis Panne, Andrzej Paczkowski, Karl Bartosek, Jean-Louis Margolin

The Private Life of Chairman Mao ; Dr. Li Zhisui