Why Traditional Recession Tactics Are Doomed To Fail This Time

Umair Haque – writing at Harvard Business Review – is banging the drum for change. “And though it’s a scary, frustrating time — the cool part is this: it’s up to us to reimagine, reconceive, and reinvent them [the economic institutions of capitalism]. We get to rethink the institutions of capitalism for a new century. ” Haque, like me, sees this crisis as more than just another downturn in the never ending cycle of capitalism – it is a bill come due. This is a systemic failure and navigating it successfully will require new methods, new values, new ways of working with each other. And I, like Haque, see this as a pretty unique opportunity.

http://discussionleader.hbsp.com/haque/2008/10/how_strategists_should_respond.html