A Sound Proposition that may not be Enough

In this book, the author proposes an understanding of corporate responsibility that can be captured in the answer to the following question: What are the implications for companies, as main drivers of economic activity (Part III), of the idea that the purpose of the economy is to create wealth (Part I) within the normative-ethical framework of human rights (Part II)? Enderle crafts a solid, well-thought and comprehensive account of corporate responsibility as a means to create wealth, understood in an expansive manner. His notion of wealth encompasses social capital, natural, economic and human wealth, both at the public and private levels. To substantiate those dimensions, Enderle draws on the capability approach. Enderle proposes human rights – and, more specifically, the United Nations Guiding Principles for Business and Human Rights – as normative framework to guide corporate responsibility in its wealth creating endeavor. Enderle’s work is innovative in many respects. But, eventually, the book does not put forward a viable solution to major challenges affecting today’s world. By staying within the framework of voluntariness in an economic system driven by the profit motive and shareholder capitalism, his proposal falls short of the task.