Crisis: Organizational Innovation to Promote a Social Engagement

Abstract

It is not possible to evaluate the overall consequences of the present financial and global crisis beyond the government contributions to stabilize financial sector and recover prior economic growth rates. It is not possible to close the eyes to the great ludicrous (dramatic) comedy without proposing what is necessary to do in order to prevent such deep and irresponsible disruption in the financial activity. It is universally recognized that regulation and control must be more deep and liable to be called to account all the responsible, more exigent capital structure requirements through technical-avoiding risk taking proposals. But it also necessary and urgent to implement the core of our solution based on a organizational-avoiding risk taking proposal: the very different risk taking levels associated with commercial, investment and advising banks and, mainly, related to the complexity and opaqueness of capital markets financial products to be operated by brokerage banks. Without this different and structural changes it will be never possible a true social engagement to overcome human being problems. The present financial crisis is not a country-problem but a worldwide top problem.