Competitive Strategy

Vanguard examines capitalism as a system of markets, ownership, incentives, innovation, and institutional power. This section explores economic thought, enterprise formation, wealth creation, social responsibility, inequality, competition, and the evolving relationship between business and society.

Popular Capitalism: Can Markets Regain Public Trust in a Polarized 2026?
Capitalism’s central challenge in 2026 is not innovation, growth, or productivity. It is legitimacy. As public trust weakens amid rising costs, concentrated power, precarious work, and uneven opportunity, business leaders... Read more...
Inequality and the Future of Capitalism: Addressing the AI-Driven Wealth Divide
Artificial intelligence may make capitalism more productive, but its deeper test will be distribution. If AI’s gains concentrate among technology firms, capital owners, elite workers, and regions with compute infrastructure,... Read more...
AI, Geopolitics, and the Reinvention of Global Capitalism
Global capitalism is no longer being shaped by efficiency alone. In 2026, artificial intelligence, energy constraints, semiconductor access, industrial policy, and geopolitical realignment are redefining how companies compete across borders.... Read more...
Stakeholder Capitalism Revisited: Progress, Setbacks, and Strategic Imperatives for 2026
Stakeholder capitalism has changed the language of corporate leadership, but its next test is execution. In 2026, companies can no longer rely on broad commitments to employees, customers, communities, sustainability,... Read more...
Ethical Capitalism Rising: From Purpose to Performance in the AI Era
Corporate purpose is entering a harder, more measurable era. In 2026, companies can no longer rely on values language, ESG statements, or polished commitments without proof. AI disruption, sustainability scrutiny,... Read more...