NEW PREFACE, 2015

Since this book was first published, the world has experienced some significant shocks. Most obviously, the 2008 financial crisis—the biggest crisis of capitalism since 1929. The fall of Lehman Brothers and the rapid spread of financial disorder threatened the entire global economic system. The impact on businesses—small, medium, and large—has been huge. And the public sector has not been immune, either. Geopolitical change has been significant. Even as we write this, both the short- and long-term future of the Middle East seem highly uncertain. In Europe we have witnessed the rebirth of Russian territorial ambitions just as the Eurozone threatens to fall into stagflation.

Do these dramatic changes make the question “Why should ...

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