Grove Press is a hardcover and paperback imprint of Grove Atlantic, Inc. Grove Press was founded on Grove Street in New York’s Greenwich Village in 1947. But its true beginning came in 1951 when twenty-eight-year-old Barney Rossett, Jr. bought the company and turned it into one of the most influential publishers of the 1950s, 60s, and 70s. From the outset, Rossett took chances: Grove published many of the Beats including William S. Burroughs, Jack Kerouac, and Allen Ginsberg. In addition, Grove Press became the preeminent publisher of twentieth-century drama in America, publishing the work of Samuel Beckett (Nobel Prize for Literature 1969), Bertold Brecht, Eugene Ionesco, David Mamet (Pulitzer Prize for Drama 1984), Harold Pinter (Nobel Prize for Literature 2005), Tom Stoppard, and many more. The press also introduced to American audiences the work of international authors such as Jorge Luis Borges, Mikhail Bulgakov, Marguerite Duras, Jean Genet, Pablo Neruda, Octavio Paz (Nobel Prize for Literature 1990), Kenzaburo Oe (Nobel Prize for Literature 1994), Elfriede Jelinek (Nobel Prize for Literature 2004), Alain Robbe-Grillet, and Juan Rulfo. In the late 1950s and early 1960s, Barney Rossett challenged the obscenity laws by publishing D. H. Lawrence’s Lady Chatterley’s Lover and then Henry Miller’s Tropic of Cancer. His landmark court victories changed the American cultural landscape. Grove Press went on to publish literary erotic classics like The Story of O and ground-breaking gay fiction like John Rechy’s City of Night, as well as the works of the Marquis de Sade. On the political front, Grove Press published classics that include Franz Fanon’s The Wretched of the Earth, The Autobiography of Malcolm X, and Che Guevara’s The Bolivian Diary, among many other titles. In 1986, Barney Rosset sold the company and the press became part of Grove Weidenfeld. In 1993 that company was merged with Atlantic Monthly Press to form Grove Atlantic, Inc.

Since 1993, Grove Press has been both a hardcover and paperback imprint of Grove Atlantic publishing fiction, drama, poetry, literature in translation, and general nonfiction. Authors and titles include Jon Lee Anderson’s Che Guevara: A Revolutionary Life, Robert Olen Butler’s A Good Scent from a Strange Mountain (Pulitzer Prize for Literature 1993), Kiran Desai’s Inheritance of Loss (Man Booker Prize 2006), Richard Flanagan’s Gould’s Book of Fish (Commonwealth Prize 2002), Ismail Kadare’s The Siege, Jerzy Kosinski’s Steps (National Book Award 1969), Jacqueline Susann’s Valley of the Dolls, Nick McDonell’s Twelve, Catherine Millet’s The Sexual Life of Catherine M., Pascal Mercier’s Night Train to Lisbon, Kay Ryan (Poet Laureate of the United States 2008/9) as well as Antonio Lobo Antunes, Will Self, Barry Hannah, Terry Southern, and many others.

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“A remarkable book . . . Stephen Green weaves together his reflections on economics, geopolitics, history, philosophy, literature, and religion against the background of the current crisis. Deeply challenging as he confronts the most vexed questions of our age.” —Lord Griffiths, Vice Chairman of Goldman Sachs International
Good Value
Reflections on Money, Morality and an Uncertain World
By Stephen Green
Grove Press
978-0-8021-4525-3 • $14.95 • Paperback • Feb. 2011
Business (Ethics)

Can one be both an ethical person and an effective businessperson?

Stephen Green, an ordained priest and the chairman of HSBC, thinks so. In Good Value, Green confronts some of the most vexing questions of our age and argues that despite its recent lapses, the global financial industry is more necessary than ever. Also necessary, however, are good businesspeople who look to their principles and not just their profit margins.

In order to understand the turbulence of the present, Green begins by retracing the history of the global economy and its financial systems, from ancient government granaries in Alexandria to the Italian banks that flourished during the Renaissance. He finds that free markets are a persistent phenomenon throughout history. A highly efficient allocator of capital that has delivered huge advantages to humanity, the marketplace has also abandoned over a billion people to extreme poverty, encouraged overconsumption and debt, ravaged the environment, and allowed the greed and short-sightedness of the financial elite to squander the trust upon which the global economy is built.

How do we reconcile the demands of capitalism with both the common good and our own spiritual and psychological needs as individuals? To answer that question, and many others that it sparks, Green takes us on a lively and erudite journey through history, looking for lessons in the work of economists and philosophers, businessmen and poets, theologians and novelists, playwrights and political scientists. By synthesizing the wisdom of great thinkers ranging from Aristotle to Adam Smith, Goethe to Thomas Friedman, Green charts a path toward a "new capitalism" that would maximize profits and shareholder value while simultaneously helping the less fortunate and bringing new meaning to our lives. He bolsters his ideas with stories from his own career as well as anecdotes about microfinance, green technology, and a number of remarkable individuals who have changed the world by using the lessons they’ve learned in the global bazaar.

An essential business book by a man who is uniquely qualified to write it, Good Value is a timely and persuasive analysis of the most pressing financial and moral questions we face. Green ultimately presents us with the heartening possibility that through good ethics comes good business, and through good business comes a richer, more rewarding world for us all.

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